https://www.taxtmi.com/caselaws?id=446756 In a money-laundering investigation, the HC held that regular bail could be granted where the agency already possessed the incriminating material, no materially new facts emerged from the accused's examination, and the arrest and custodial handling appeared arbitrary and oppressive. The Court noted that the alleged fund movements were old, the core material was already known through earlier statements, and continued detention could not be used punitively at the investigation stage. Recognising the seriousness of economic offences, the Court nevertheless found that any flight-risk concern could be met by bail conditions and accordingly granted regular bail. en-us Tue, 05 Dec 2023 00:00:00 +0530 Sat, 09 Dec 2023 10:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446756 In a money-laundering investigation, the HC held that regular bail could be granted where the agency already possessed the incriminating material, no materially new facts emerged from the accused's examination, and the arrest and custodial handling appeared arbitrary and oppressive. The Court noted that the alleged fund movements were old, the core material was already known through earlier statements, and continued detention could not be used punitively at the investigation stage. Recognising the seriousness of economic offences, the Court nevertheless found that any flight-risk concern could be met by bail conditions and accordingly granted regular bail. Case-Laws Money Laundering Tue, 05 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446756