https://www.taxtmi.com/caselaws?id=456272 Anticipatory bail under the Prevention of Money Laundering Act, 2002 is addressed in light of Section 45's statutory restrictions. The text notes that alleged substantial deposits and fixed deposits disproportionate to known income may support a prima facie link to proceeds of crime, and that the Section 45 bar applies unless the case falls within the proviso for women, minors, sick or infirm persons, or where the amount involved is below the prescribed threshold. On the material discussed, it was considered premature to conclude that the applicant was uninvolved in the alleged laundering activity, and the application was rejected. en-us Tue, 31 Oct 2023 00:00:00 +0530 Thu, 11 Jul 2024 22:00:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456272 Anticipatory bail under the Prevention of Money Laundering Act, 2002 is addressed in light of Section 45's statutory restrictions. The text notes that alleged substantial deposits and fixed deposits disproportionate to known income may support a prima facie link to proceeds of crime, and that the Section 45 bar applies unless the case falls within the proviso for women, minors, sick or infirm persons, or where the amount involved is below the prescribed threshold. On the material discussed, it was considered premature to conclude that the applicant was uninvolved in the alleged laundering activity, and the application was rejected. Case-Laws Money Laundering Tue, 31 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456272