https://www.taxtmi.com/caselaws?id=434530 Section 45 of the Prevention of Money Laundering Act, 2002 applies to anticipatory bail applications under Section 438 CrPC when bail is sought in a money-laundering case, and the earlier contrary view was rejected by the SC. The Court also found anticipatory bail unsustainable on the facts because the allegations involved serious economic offences, the investigation was continuing, and the material indicated a need for further inquiry into the accused's role and nexus. The anticipatory bail order was set aside, and the matter was left to proceed in accordance with law, including consideration of any regular bail application on its own merits. en-us Fri, 24 Feb 2023 00:00:00 +0530 Mon, 27 Feb 2023 08:14:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434530 Section 45 of the Prevention of Money Laundering Act, 2002 applies to anticipatory bail applications under Section 438 CrPC when bail is sought in a money-laundering case, and the earlier contrary view was rejected by the SC. The Court also found anticipatory bail unsustainable on the facts because the allegations involved serious economic offences, the investigation was continuing, and the material indicated a need for further inquiry into the accused's role and nexus. The anticipatory bail order was set aside, and the matter was left to proceed in accordance with law, including consideration of any regular bail application on its own merits. Case-Laws Money Laundering Fri, 24 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434530