https://www.taxtmi.com/caselaws?id=450296 Bombay HC granted bail to co-accused in money laundering case involving CRZ-III land permission violations. Special Court found applicant did not generate or launder proceeds of crime, nor was beneficiary of such proceeds. Though prosecution alleged applicant misused authority as Sub-Divisional Officer to assist money laundering activities, court determined role was limited to knowingly assisting the process. Bail granted on PR bond of Rs. 1,00,000 with surety or cash security of Rs. 1 lakh. en-us Thu, 29 Feb 2024 00:00:00 +0530 Sat, 02 Mar 2024 06:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450296 Bombay HC granted bail to co-accused in money laundering case involving CRZ-III land permission violations. Special Court found applicant did not generate or launder proceeds of crime, nor was beneficiary of such proceeds. Though prosecution alleged applicant misused authority as Sub-Divisional Officer to assist money laundering activities, court determined role was limited to knowingly assisting the process. Bail granted on PR bond of Rs. 1,00,000 with surety or cash security of Rs. 1 lakh. Case-Laws Money Laundering Thu, 29 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450296