https://www.taxtmi.com/caselaws?id=312733 Written furnishing of the grounds of arrest under Section 19 of the Prevention of Money Laundering Act, 2002 was treated as a mandatory safeguard, and mere oral communication was held insufficient; the non-compliance was found to vitiate the arrest. At the bail stage, the Court applied the Section 45 twin conditions on a prima facie basis and found the material inadequate to link the accused with forgery, title manipulation, proceeds of crime, or the scheduled offence. In the absence of material showing essential ingredients of money-laundering, and considering custody and other relevant factors, bail was granted on conditions. en-us Tue, 28 Nov 2023 00:00:00 +0530 Tue, 05 Mar 2024 08:56:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312733 Written furnishing of the grounds of arrest under Section 19 of the Prevention of Money Laundering Act, 2002 was treated as a mandatory safeguard, and mere oral communication was held insufficient; the non-compliance was found to vitiate the arrest. At the bail stage, the Court applied the Section 45 twin conditions on a prima facie basis and found the material inadequate to link the accused with forgery, title manipulation, proceeds of crime, or the scheduled offence. In the absence of material showing essential ingredients of money-laundering, and considering custody and other relevant factors, bail was granted on conditions. Case-Laws Money Laundering Tue, 28 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312733