https://www.taxtmi.com/caselaws?id=431026 A writ challenge to the ECIR under the Prevention of Money Laundering Act, 2002 failed because the Court found materials linking the petitioner to the alleged bribe transaction and the scheduled offence; it held that a bribe giver can also fall within Section 3, and the arrest and remand were not shown to be illegal. Interim bail under Article 226 was refused because the petitioner was already in judicial custody under a competent remand order and a statutory bail remedy was available. On the materials, the Court nevertheless directed the Director, CBI to conduct a preliminary inquiry expeditiously. en-us Wed, 30 Nov 2022 00:00:00 +0530 Mon, 05 Dec 2022 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431026 A writ challenge to the ECIR under the Prevention of Money Laundering Act, 2002 failed because the Court found materials linking the petitioner to the alleged bribe transaction and the scheduled offence; it held that a bribe giver can also fall within Section 3, and the arrest and remand were not shown to be illegal. Interim bail under Article 226 was refused because the petitioner was already in judicial custody under a competent remand order and a statutory bail remedy was available. On the materials, the Court nevertheless directed the Director, CBI to conduct a preliminary inquiry expeditiously. Case-Laws Money Laundering Wed, 30 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431026