https://www.taxtmi.com/caselaws?id=434682 In a prosecution for money laundering under the Prevention of Money Laundering Act, 2002, regular bail was refused because the Court could not record the prima facie satisfaction required to relax the statutory rigour of Section 45. The material, including statements recorded under Section 50 and circumstances linked to the scheduled offence, did not establish that all conditions for bail under Section 45 were met. The Court applied the strict twin-condition threshold and held that no case for indulgence was made out, so the bail petition was dismissed. en-us Fri, 24 Feb 2023 00:00:00 +0530 Thu, 02 Mar 2023 08:15:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434682 In a prosecution for money laundering under the Prevention of Money Laundering Act, 2002, regular bail was refused because the Court could not record the prima facie satisfaction required to relax the statutory rigour of Section 45. The material, including statements recorded under Section 50 and circumstances linked to the scheduled offence, did not establish that all conditions for bail under Section 45 were met. The Court applied the strict twin-condition threshold and held that no case for indulgence was made out, so the bail petition was dismissed. Case-Laws Money Laundering Fri, 24 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434682