https://www.taxtmi.com/caselaws?id=448938 Regular bail under the Prevention of Money Laundering Act, 2002 was considered on the statutory twin conditions, with the medical-ground plea not pressed and the objection regarding written grounds of arrest rejected. The Court found no prima facie material linking the petitioner to the forged foundational deed for the Cheshire Home Road property, treated the purchase through banking channels and lack of mens rea material as consistent with bona fide purchase, and noted that no scheduled offence was shown in relation to the Pugru Mauza and Siram Mauza properties. It also relied on custody period, trial stage, voluminous evidence, and absence of flight risk, witness tampering, or likely reoffending to conclude that the bail conditions were satisfied. en-us Fri, 12 Jan 2024 00:00:00 +0530 Thu, 01 Feb 2024 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448938 Regular bail under the Prevention of Money Laundering Act, 2002 was considered on the statutory twin conditions, with the medical-ground plea not pressed and the objection regarding written grounds of arrest rejected. The Court found no prima facie material linking the petitioner to the forged foundational deed for the Cheshire Home Road property, treated the purchase through banking channels and lack of mens rea material as consistent with bona fide purchase, and noted that no scheduled offence was shown in relation to the Pugru Mauza and Siram Mauza properties. It also relied on custody period, trial stage, voluminous evidence, and absence of flight risk, witness tampering, or likely reoffending to conclude that the bail conditions were satisfied. Case-Laws Money Laundering Fri, 12 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448938