https://www.taxtmi.com/caselaws?id=312986 In bail proceedings under the Prevention of Money Laundering Act, 2002, the Court held that the twin conditions must be assessed on broad probabilities and not through a meticulous appraisal of evidence or a finding of innocence. Prolonged incarceration, the accused's age and ailments, and the likelihood of delay in trial were treated as relevant considerations, while bare allegations of acting as a hawala operator or being a flight risk were found insufficient without substantive material. The question of knowing involvement in proceeds of crime and the required mens rea was left for trial, and regular bail was granted subject to conditions. en-us Wed, 29 Nov 2023 00:00:00 +0530 Sat, 16 Mar 2024 19:41:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312986 In bail proceedings under the Prevention of Money Laundering Act, 2002, the Court held that the twin conditions must be assessed on broad probabilities and not through a meticulous appraisal of evidence or a finding of innocence. Prolonged incarceration, the accused's age and ailments, and the likelihood of delay in trial were treated as relevant considerations, while bare allegations of acting as a hawala operator or being a flight risk were found insufficient without substantive material. The question of knowing involvement in proceeds of crime and the required mens rea was left for trial, and regular bail was granted subject to conditions. Case-Laws Money Laundering Wed, 29 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312986