https://www.taxtmi.com/caselaws?id=441497 In a PMLA bail matter, the Calcutta HC applied the statutory bail restrictions on broad probabilities and reasonable grounds rather than a detailed assessment of guilt. The Court noted that the petitioner had appeared pursuant to summons, had not been arrested during investigation under Section 19, and the record did not show direct receipt of illegal gratification or a sufficient basis to infer future offending. Finding that the material did not justify continued detention on the facts, the Court held that the bail threshold was met and released the petitioner on bail subject to conditions. en-us Mon, 07 Aug 2023 00:00:00 +0530 Thu, 10 Aug 2023 07:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441497 In a PMLA bail matter, the Calcutta HC applied the statutory bail restrictions on broad probabilities and reasonable grounds rather than a detailed assessment of guilt. The Court noted that the petitioner had appeared pursuant to summons, had not been arrested during investigation under Section 19, and the record did not show direct receipt of illegal gratification or a sufficient basis to infer future offending. Finding that the material did not justify continued detention on the facts, the Court held that the bail threshold was met and released the petitioner on bail subject to conditions. Case-Laws Money Laundering Mon, 07 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441497