https://www.taxtmi.com/caselaws?id=450863 Money-laundering liability under the Prevention of Money Laundering Act, 2002 may extend beyond a person named in the FIR, prosecution complaint or ECIR where material such as statements, diary entries and electronic chats prima facie shows knowing involvement in handling proceeds of crime. The article explains that Section 3 covers assisting, concealing, possessing, using or otherwise participating in any process connected with proceeds of crime, and that such prima facie material can shift the burden onto the accused. It also notes that Section 45 imposes a restrictive bail regime for anticipatory bail, requiring satisfaction that the accused is not guilty and not likely to offend while on bail; on the stated facts, those conditions were not met. en-us Tue, 12 Mar 2024 00:00:00 +0530 Fri, 15 Mar 2024 07:53:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450863 Money-laundering liability under the Prevention of Money Laundering Act, 2002 may extend beyond a person named in the FIR, prosecution complaint or ECIR where material such as statements, diary entries and electronic chats prima facie shows knowing involvement in handling proceeds of crime. The article explains that Section 3 covers assisting, concealing, possessing, using or otherwise participating in any process connected with proceeds of crime, and that such prima facie material can shift the burden onto the accused. It also notes that Section 45 imposes a restrictive bail regime for anticipatory bail, requiring satisfaction that the accused is not guilty and not likely to offend while on bail; on the stated facts, those conditions were not met. Case-Laws Money Laundering Tue, 12 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450863