https://www.taxtmi.com/caselaws?id=754730 The Bombay HC dismissed a bail application in a money laundering case involving Rs. 51.12 crores related to red sanders smuggling through false declarations and forged documents. The court held that ED's investigation under PML Act can cover continuing offences regardless of when the predicate offence was committed, following Supreme Court precedent in Vijay Madanlal Choudhary. The applicant failed to discharge the burden of proving innocence and likelihood of not committing offences while on bail, particularly given past similar smuggling activities using fake documents. en-us Wed, 19 Jun 2024 00:00:00 +0530 Fri, 28 Jun 2024 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754730 The Bombay HC dismissed a bail application in a money laundering case involving Rs. 51.12 crores related to red sanders smuggling through false declarations and forged documents. The court held that ED's investigation under PML Act can cover continuing offences regardless of when the predicate offence was committed, following Supreme Court precedent in Vijay Madanlal Choudhary. The applicant failed to discharge the burden of proving innocence and likelihood of not committing offences while on bail, particularly given past similar smuggling activities using fake documents. Case-Laws Customs Wed, 19 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754730