https://www.taxtmi.com/caselaws?id=312367 PMLA liability depends on the existence of proceeds of crime arising from a scheduled offence, but the person proceeded against need not himself be arraigned in the predicate case if he is alleged to have assisted in concealment, possession, acquisition or projection of such proceeds. Bail under the first proviso to Section 45 remains governed by the statutory twin conditions, and a plea that the proceeds of crime are below the threshold requires material support at the bail stage. Arrest compliance turns on whether reasons for arrest are recorded and the grounds are communicated in substance to the arrestee as required by Section 19 and Article 22(1). en-us Wed, 06 Dec 2023 00:00:00 +0530 Tue, 13 Feb 2024 17:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312367 PMLA liability depends on the existence of proceeds of crime arising from a scheduled offence, but the person proceeded against need not himself be arraigned in the predicate case if he is alleged to have assisted in concealment, possession, acquisition or projection of such proceeds. Bail under the first proviso to Section 45 remains governed by the statutory twin conditions, and a plea that the proceeds of crime are below the threshold requires material support at the bail stage. Arrest compliance turns on whether reasons for arrest are recorded and the grounds are communicated in substance to the arrestee as required by Section 19 and Article 22(1). Case-Laws Money Laundering Wed, 06 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312367