https://www.taxtmi.com/caselaws?id=754969 Regular bail under the Prevention of Money Laundering Act depends on satisfaction of the twin conditions in Section 45: reasonable grounds to believe the accused is not guilty and is not likely to commit any offence while on bail. At the bail stage, seized diary entries, sale agreements, bank statements, and Section 50 statements were treated as sufficient prima facie material linking the applicants to laundering through immovable properties, including acquisition, concealment, and projection of proceeds of crime as untainted. The applicant's conduct in relation to interim bail was also viewed as doubtful, and the risk of misuse of liberty, tampering with evidence, and influencing witnesses was considered relevant to refusal of bail. en-us Mon, 01 Jul 2024 00:00:00 +0530 Thu, 04 Jul 2024 08:15:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754969 Regular bail under the Prevention of Money Laundering Act depends on satisfaction of the twin conditions in Section 45: reasonable grounds to believe the accused is not guilty and is not likely to commit any offence while on bail. At the bail stage, seized diary entries, sale agreements, bank statements, and Section 50 statements were treated as sufficient prima facie material linking the applicants to laundering through immovable properties, including acquisition, concealment, and projection of proceeds of crime as untainted. The applicant's conduct in relation to interim bail was also viewed as doubtful, and the risk of misuse of liberty, tampering with evidence, and influencing witnesses was considered relevant to refusal of bail. Case-Laws Money Laundering Mon, 01 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754969