https://www.taxtmi.com/caselaws?id=430896 The court denied the petitioner's regular bail application under the Prevention of Money Laundering Act due to the seriousness of the allegations involving fraud and money laundering totaling Rs.77 crores. Despite arguments of cooperation and lack of flight risk, the court emphasized the stringent conditions of Section 45 of the PMLA and the gravity of economic offenses, ultimately dismissing the bail application. en-us Mon, 21 Nov 2022 00:00:00 +0530 Thu, 01 Dec 2022 06:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430896 The court denied the petitioner's regular bail application under the Prevention of Money Laundering Act due to the seriousness of the allegations involving fraud and money laundering totaling Rs.77 crores. Despite arguments of cooperation and lack of flight risk, the court emphasized the stringent conditions of Section 45 of the PMLA and the gravity of economic offenses, ultimately dismissing the bail application. Case-Laws Money Laundering Mon, 21 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430896