https://www.taxtmi.com/caselaws?id=431024 Anticipatory bail under Section 438 CrPC read with Section 45 of the Prevention of Money Laundering Act, 2002 was refused because the complaint and material on record indicated involvement in generation and use of proceeds of crime from scheduled offences. The Court treated economic offences as standing on a different footing in bail matters and noted that proceedings for the predicate offence are separate from money-laundering proceedings. On the seriousness of the allegations and the documentary material suggesting laundering activity, no ground was made out for anticipatory bail, and the applications were rejected. en-us Wed, 09 Nov 2022 00:00:00 +0530 Mon, 05 Dec 2022 08:56:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431024 Anticipatory bail under Section 438 CrPC read with Section 45 of the Prevention of Money Laundering Act, 2002 was refused because the complaint and material on record indicated involvement in generation and use of proceeds of crime from scheduled offences. The Court treated economic offences as standing on a different footing in bail matters and noted that proceedings for the predicate offence are separate from money-laundering proceedings. On the seriousness of the allegations and the documentary material suggesting laundering activity, no ground was made out for anticipatory bail, and the applications were rejected. Case-Laws Money Laundering Wed, 09 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431024