https://www.taxtmi.com/caselaws?id=444996 Bail under the Prevention of Money Laundering Act was refused because the investigation was still underway, further witness examination was required, and fresh documents and money-trail material had emerged shortly before hearing. The Court treated the alleged concealment and transfer of proceeds of crime through proprietary concerns, and the breadth of the underlying recruitment scam, as factors weighing against release at that stage. It held that the investigating agency should be allowed to complete its remaining steps before the petitioner could be enlarged on bail. en-us Wed, 18 Oct 2023 00:00:00 +0530 Sat, 28 Oct 2023 08:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444996 Bail under the Prevention of Money Laundering Act was refused because the investigation was still underway, further witness examination was required, and fresh documents and money-trail material had emerged shortly before hearing. The Court treated the alleged concealment and transfer of proceeds of crime through proprietary concerns, and the breadth of the underlying recruitment scam, as factors weighing against release at that stage. It held that the investigating agency should be allowed to complete its remaining steps before the petitioner could be enlarged on bail. Case-Laws Money Laundering Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444996