https://www.taxtmi.com/caselaws?id=447610 Anticipatory bail under the Prevention of Money Laundering Act, 2002 is treated as an exceptional remedy, especially in prosecutions involving alleged economic offences and proceeds of crime. When bail is opposed, Section 45 requires satisfaction that there are reasonable grounds to believe the accused is not guilty and is not likely to commit any offence while on bail. Parity with a co-accused does not automatically justify relief where the co-accused is differently situated on facts or under the statutory proviso, and the mere fact that arrest has not yet been made during investigation does not override the statute's restrictive framework. en-us Tue, 19 Dec 2023 00:00:00 +0530 Sat, 30 Dec 2023 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447610 Anticipatory bail under the Prevention of Money Laundering Act, 2002 is treated as an exceptional remedy, especially in prosecutions involving alleged economic offences and proceeds of crime. When bail is opposed, Section 45 requires satisfaction that there are reasonable grounds to believe the accused is not guilty and is not likely to commit any offence while on bail. Parity with a co-accused does not automatically justify relief where the co-accused is differently situated on facts or under the statutory proviso, and the mere fact that arrest has not yet been made during investigation does not override the statute's restrictive framework. Case-Laws Money Laundering Tue, 19 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447610