https://www.taxtmi.com/caselaws?id=314052 The Uttarakhand HC rejected a regular bail application in a money laundering case involving allegations of cheating a complainant by dishonestly inducing admission for his daughter in a Post Graduation Course at a medical institute. The court held that reasonable grounds under Section 45 of the Prevention of Money Laundering Act, 2002 require more than prima facie grounds, and the non-obstante clause restricts bail powers. Given the serious, categorical, and specific allegations with a definite role assigned to the applicant, the mandatory conditions for bail under Section 45 were not satisfied, making it impossible for the court to find reasonable grounds that the applicant was not guilty. en-us Mon, 11 Dec 2023 00:00:00 +0530 Tue, 14 May 2024 19:14:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314052 The Uttarakhand HC rejected a regular bail application in a money laundering case involving allegations of cheating a complainant by dishonestly inducing admission for his daughter in a Post Graduation Course at a medical institute. The court held that reasonable grounds under Section 45 of the Prevention of Money Laundering Act, 2002 require more than prima facie grounds, and the non-obstante clause restricts bail powers. Given the serious, categorical, and specific allegations with a definite role assigned to the applicant, the mandatory conditions for bail under Section 45 were not satisfied, making it impossible for the court to find reasonable grounds that the applicant was not guilty. Case-Laws Money Laundering Mon, 11 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314052