https://www.taxtmi.com/caselaws?id=314007 The SC granted bail to the appellant, who was implicated under the Prevention of Money Laundering Act, 2002, for allegedly assisting the main accused in laundering Rs.8 crores through a bank. Despite not being charged in the predicate offence, the appellant had been incarcerated for 1 year and 9 months without trial. The Court ordered the appellant's release on bail, subject to appropriate terms and conditions, and allowed the respondent an opportunity to be heard before finalizing these conditions. The decision was influenced by the absence of charges against the appellant in the predicate offence and the lack of immediate trial prospects. en-us Tue, 05 Sep 2023 00:00:00 +0530 Sat, 11 May 2024 21:15:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314007 The SC granted bail to the appellant, who was implicated under the Prevention of Money Laundering Act, 2002, for allegedly assisting the main accused in laundering Rs.8 crores through a bank. Despite not being charged in the predicate offence, the appellant had been incarcerated for 1 year and 9 months without trial. The Court ordered the appellant's release on bail, subject to appropriate terms and conditions, and allowed the respondent an opportunity to be heard before finalizing these conditions. The decision was influenced by the absence of charges against the appellant in the predicate offence and the lack of immediate trial prospects. Case-Laws Money Laundering Tue, 05 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314007