https://www.taxtmi.com/highlights?id=75670 Grant of anticipatory bail - Money Laundering - siphoning off of funds - The court interprets Section 3 of the PMLA Act, emphasizing that it encompasses individuals who knowingly assist or are involved in activities connected to proceeds of crime, regardless of their direct implication in the FIR. - The court concludes that the applicant's failure to appear before the court, despite the issuance of a warrant, further weakens his claim for anticipatory bail. Consequently, the court dismisses the anticipatory bail application and advises the applicant to surrender and apply for regular bail. en-us Thu, 14 Mar 2024 07:42:48 +0530 Thu, 14 Mar 2024 07:42:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75670 Grant of anticipatory bail - Money Laundering - siphoning off of funds - The court interprets Section 3 of the PMLA Act, emphasizing that it encompasses individuals who knowingly assist or are involved in activities connected to proceeds of crime, regardless of their direct implication in the FIR. - The court concludes that the applicant's failure to appear before the court, despite the issuance of a warrant, further weakens his claim for anticipatory bail. Consequently, the court dismisses the anticipatory bail application and advises the applicant to surrender and apply for regular bail. Highlights Money Laundering Thu, 14 Mar 2024 07:42:48 +0530 https://www.taxtmi.com/highlights?id=75670