https://www.taxtmi.com/caselaws?id=445858 Under the Prevention of Money Laundering Act, 2002, the mere fact that the applicant was not arrested during investigation did not create any entitlement to anticipatory bail, because the power of arrest under Section 19 remains available where the authorised officer has reason to believe guilt on material in possession. The Court also held that the statutory rigour of Section 45 applies to anticipatory bail, requiring reasonable grounds to believe the accused is not guilty and is not likely to reoffend while on bail. Finding prima facie material linking the applicant to the alleged extortion and laundering network, the Court held that the twin conditions were not satisfied and refused anticipatory bail. en-us Thu, 02 Nov 2023 00:00:00 +0530 Tue, 21 Nov 2023 08:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445858 Under the Prevention of Money Laundering Act, 2002, the mere fact that the applicant was not arrested during investigation did not create any entitlement to anticipatory bail, because the power of arrest under Section 19 remains available where the authorised officer has reason to believe guilt on material in possession. The Court also held that the statutory rigour of Section 45 applies to anticipatory bail, requiring reasonable grounds to believe the accused is not guilty and is not likely to reoffend while on bail. Finding prima facie material linking the applicant to the alleged extortion and laundering network, the Court held that the twin conditions were not satisfied and refused anticipatory bail. Case-Laws Money Laundering Thu, 02 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445858