https://www.taxtmi.com/caselaws?id=755540 The SC held that judicial review applies to arrests under Section 19(1) of the Prevention of Money Laundering Act, 2002, with courts required to examine whether statutory conditions are met. The court clarified that arrest power should be exercised only when the designated officer forms a reasoned opinion of guilt, and bail applications can be filed at any stage regardless of complaint filing or charge framing. The court noted that while the DoE's opinion on bail under Section 45 is subjective, it must be lawful and uniform. Regarding the petitioner, an elected CM, the court refrained from directing resignation but suggested the official consider stepping down, referring broader questions about conditions for elected leaders to a larger bench for consideration. en-us Fri, 12 Jul 2024 00:00:00 +0530 Sat, 13 Jul 2024 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755540 The SC held that judicial review applies to arrests under Section 19(1) of the Prevention of Money Laundering Act, 2002, with courts required to examine whether statutory conditions are met. The court clarified that arrest power should be exercised only when the designated officer forms a reasoned opinion of guilt, and bail applications can be filed at any stage regardless of complaint filing or charge framing. The court noted that while the DoE's opinion on bail under Section 45 is subjective, it must be lawful and uniform. Regarding the petitioner, an elected CM, the court refrained from directing resignation but suggested the official consider stepping down, referring broader questions about conditions for elected leaders to a larger bench for consideration. Case-Laws Money Laundering Fri, 12 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755540