https://www.taxtmi.com/caselaws?id=750933 HC dismissed bail application in money laundering case. Applicant, director of multiple companies, was beneficiary of funds collected by GIPL from investors under pretext of supplying e-bikes. Investigation revealed money trail showing applicant's complicity, with properties attached by Enforcement Directorate. Despite concluded investigation and filed charge sheet, court denied bail considering offense nature, money magnitude, applicant's criminal antecedents, and co-accused bail rejections by HC and SC. en-us Thu, 07 Mar 2024 00:00:00 +0530 Thu, 04 Apr 2024 04:52:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750933 HC dismissed bail application in money laundering case. Applicant, director of multiple companies, was beneficiary of funds collected by GIPL from investors under pretext of supplying e-bikes. Investigation revealed money trail showing applicant's complicity, with properties attached by Enforcement Directorate. Despite concluded investigation and filed charge sheet, court denied bail considering offense nature, money magnitude, applicant's criminal antecedents, and co-accused bail rejections by HC and SC. Case-Laws Money Laundering Thu, 07 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750933