https://www.taxtmi.com/caselaws?id=431861 The court set aside the order granting bail to Debabrata Halder in a case involving allegations of diverting public money through wrongful invocation of bank guarantees. Debabrata Halder was identified as the main conspirator, orchestrating the scheme with the help of associates. The bail granted to other accused was affirmed as they had complied with summons. The court emphasized the necessity of stringent conditions under Section 45 of the PMLA in economic offense cases and directed Debabrata Halder to surrender within 72 hours. en-us Tue, 20 Dec 2022 00:00:00 +0530 Fri, 23 Dec 2022 09:18:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431861 The court set aside the order granting bail to Debabrata Halder in a case involving allegations of diverting public money through wrongful invocation of bank guarantees. Debabrata Halder was identified as the main conspirator, orchestrating the scheme with the help of associates. The bail granted to other accused was affirmed as they had complied with summons. The court emphasized the necessity of stringent conditions under Section 45 of the PMLA in economic offense cases and directed Debabrata Halder to surrender within 72 hours. Case-Laws Money Laundering Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431861