https://www.taxtmi.com/caselaws?id=447001 SC held that bail under the Prevention of Money Laundering Act, 2002 is governed by the stringent twin conditions in Section 45, and the investigative material here showed a prima facie nexus between the accused, the alleged extortion network, proceeds of crime, and assets held through relatives and associates, so bail was not justified on merits. The first proviso to Section 45 for women was held to be discretionary, not an automatic entitlement, and no special benefit was warranted on these facts. The Court also rejected the challenge based on absence of a surviving scheduled offence, noting that the later charge-sheet was not before the High Court and that survival of the predicate offence must be determined by the competent court. Misleading disclosures in the special leave petition were also deprecated. en-us Thu, 14 Dec 2023 00:00:00 +0530 Fri, 13 Sep 2024 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447001 SC held that bail under the Prevention of Money Laundering Act, 2002 is governed by the stringent twin conditions in Section 45, and the investigative material here showed a prima facie nexus between the accused, the alleged extortion network, proceeds of crime, and assets held through relatives and associates, so bail was not justified on merits. The first proviso to Section 45 for women was held to be discretionary, not an automatic entitlement, and no special benefit was warranted on these facts. The Court also rejected the challenge based on absence of a surviving scheduled offence, noting that the later charge-sheet was not before the High Court and that survival of the predicate offence must be determined by the competent court. Misleading disclosures in the special leave petition were also deprecated. Case-Laws Money Laundering Thu, 14 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447001