https://www.taxtmi.com/caselaws?id=441925 Prolonged custody and substantial pre-trial incarceration can justify release on bail where the risk of absconding is capable of being controlled by conditions such as surrender of passport; continued detention was therefore treated as unnecessary. The Court also clarified that the High Court's interpretation of Section 45 of the Prevention of Money Laundering Act, 2002 was inconsistent with settled law and expressly denied it precedential value in other cases. The special leave petition was rejected, the status quo order was vacated, and release was left to the conditions imposed by the Special Court. en-us Mon, 17 Apr 2023 00:00:00 +0530 Mon, 21 Aug 2023 08:29:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441925 Prolonged custody and substantial pre-trial incarceration can justify release on bail where the risk of absconding is capable of being controlled by conditions such as surrender of passport; continued detention was therefore treated as unnecessary. The Court also clarified that the High Court's interpretation of Section 45 of the Prevention of Money Laundering Act, 2002 was inconsistent with settled law and expressly denied it precedential value in other cases. The special leave petition was rejected, the status quo order was vacated, and release was left to the conditions imposed by the Special Court. Case-Laws Money Laundering Mon, 17 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441925