https://www.taxtmi.com/caselaws?id=449761 Under the Prevention of Money Laundering Act, 2002, the statutory arrest and bail safeguards continue even after an ECIR is prepared and a prosecution complaint is filed; those steps do not remove the Public Prosecutor's right to oppose bail or the court's duty to apply the twin conditions in section 45. The material discussed indicated a prima facie laundering role involving routing proceeds of crime through dummy bank accounts, forged documents, and accommodation entries, and the court treated anticipatory bail as an exceptional remedy in serious economic offences. On that basis, pre-arrest protection was declined. en-us Fri, 16 Feb 2024 00:00:00 +0530 Mon, 19 Feb 2024 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449761 Under the Prevention of Money Laundering Act, 2002, the statutory arrest and bail safeguards continue even after an ECIR is prepared and a prosecution complaint is filed; those steps do not remove the Public Prosecutor's right to oppose bail or the court's duty to apply the twin conditions in section 45. The material discussed indicated a prima facie laundering role involving routing proceeds of crime through dummy bank accounts, forged documents, and accommodation entries, and the court treated anticipatory bail as an exceptional remedy in serious economic offences. On that basis, pre-arrest protection was declined. Case-Laws Money Laundering Fri, 16 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449761