https://www.taxtmi.com/caselaws?id=446013 Under the Prevention of Money Laundering Act, bail remains subject to the mandatory twin conditions in section 45, which apply even where release is sought under the Code of Criminal Procedure. The Court treated money laundering as an independent offence and accepted statements under section 50, together with documentary material, as sufficient at the prima facie stage to show involvement in a process connected with proceeds of crime. Parity was held to depend on the accused's actual role, and prolonged incarceration did not override failure to satisfy the statutory bail threshold. Bail was therefore refused. en-us Mon, 20 Nov 2023 00:00:00 +0530 Mon, 27 Jul 2026 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446013 Under the Prevention of Money Laundering Act, bail remains subject to the mandatory twin conditions in section 45, which apply even where release is sought under the Code of Criminal Procedure. The Court treated money laundering as an independent offence and accepted statements under section 50, together with documentary material, as sufficient at the prima facie stage to show involvement in a process connected with proceeds of crime. Parity was held to depend on the accused's actual role, and prolonged incarceration did not override failure to satisfy the statutory bail threshold. Bail was therefore refused. Case-Laws Money Laundering Mon, 20 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446013