https://www.taxtmi.com/highlights?id=75399 Seeking grant of bail - Money Laundering - reason to believe - cessation from the directorship from the above companies - beneficial ownership directly or indirectly through company - The High court held that the evidence clearly showed the petitioner's involvement in money laundering, thereby justifying the denial of bail. The court emphasized the serious nature of the offences and the substantial evidence against the petitioner, including his control over the company involved in the fraudulent transaction. en-us Tue, 05 Mar 2024 13:09:40 +0530 Tue, 05 Mar 2024 13:09:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75399 Seeking grant of bail - Money Laundering - reason to believe - cessation from the directorship from the above companies - beneficial ownership directly or indirectly through company - The High court held that the evidence clearly showed the petitioner's involvement in money laundering, thereby justifying the denial of bail. The court emphasized the serious nature of the offences and the substantial evidence against the petitioner, including his control over the company involved in the fraudulent transaction. Highlights Money Laundering Tue, 05 Mar 2024 13:09:40 +0530 https://www.taxtmi.com/highlights?id=75399