https://www.taxtmi.com/caselaws?id=314117 In a bail matter under the Prevention of Money Laundering Act, 2002, the Court applied Section 45 and the broad-probabilities approach at the pre-trial stage, holding that a meticulous appraisal of evidence was unnecessary. The material against the accused was limited to an alleged benefit of Rs. 50,000 for signing a power of attorney, and his more than three months of custody weighed against further incarceration. The Court found continued detention unjustified, noting that concerns about absconding, witness influence, or tampering could be met through strict bail conditions. Bail was granted subject to those conditions, without affecting the merits of the prosecution case. en-us Tue, 19 Dec 2023 00:00:00 +0530 Sat, 18 May 2024 06:48:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314117 In a bail matter under the Prevention of Money Laundering Act, 2002, the Court applied Section 45 and the broad-probabilities approach at the pre-trial stage, holding that a meticulous appraisal of evidence was unnecessary. The material against the accused was limited to an alleged benefit of Rs. 50,000 for signing a power of attorney, and his more than three months of custody weighed against further incarceration. The Court found continued detention unjustified, noting that concerns about absconding, witness influence, or tampering could be met through strict bail conditions. Bail was granted subject to those conditions, without affecting the merits of the prosecution case. Case-Laws Money Laundering Tue, 19 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314117