https://www.taxtmi.com/caselaws?id=309869 The court, considering the severity of the offense and time served, denied bail but granted the petitioner interim bail for six months in a case under the Prevention of Money-Laundering Act. Relying on precedent, the court found section 45(1) of the Act unconstitutional and imposed a bail bond of Rs.2,00,000/- with sureties. Violation of bail conditions would lead to cancellation. The petitioner must surrender after the interim period, adhere to set conditions, and attend court dates. The judgment concluded with the disposal of the Bail Application. en-us Fri, 08 Jul 2022 00:00:00 +0530 Tue, 26 Sep 2023 08:19:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309869 The court, considering the severity of the offense and time served, denied bail but granted the petitioner interim bail for six months in a case under the Prevention of Money-Laundering Act. Relying on precedent, the court found section 45(1) of the Act unconstitutional and imposed a bail bond of Rs.2,00,000/- with sureties. Violation of bail conditions would lead to cancellation. The petitioner must surrender after the interim period, adhere to set conditions, and attend court dates. The judgment concluded with the disposal of the Bail Application. Case-Laws Money Laundering Fri, 08 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309869