https://www.taxtmi.com/caselaws?id=311508 Anticipatory bail under Section 438 CrPC is an extraordinary remedy to be used sparingly, especially where the allegations involve economic offences and disproportionate assets linked to the Prevention of Corruption Act, 1988 and the Prevention of Money Laundering Act, 2002. The Court applied the statutory rigour of Section 45 of the PMLA and the settled principle that such offences impact the economic fabric of society. On the facts, the allegations and the value of the property involved did not justify pre-arrest protection, and anticipatory bail was denied. en-us Fri, 22 Sep 2023 00:00:00 +0530 Sat, 30 Dec 2023 08:30:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311508 Anticipatory bail under Section 438 CrPC is an extraordinary remedy to be used sparingly, especially where the allegations involve economic offences and disproportionate assets linked to the Prevention of Corruption Act, 1988 and the Prevention of Money Laundering Act, 2002. The Court applied the statutory rigour of Section 45 of the PMLA and the settled principle that such offences impact the economic fabric of society. On the facts, the allegations and the value of the property involved did not justify pre-arrest protection, and anticipatory bail was denied. Case-Laws Money Laundering Fri, 22 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311508