https://www.taxtmi.com/caselaws?id=456780 Section 436-A CrPC was applied in a money-laundering bail context, but prolonged undertrial custody did not secure release where the Court recorded reasons based on the applicant's active role in layering and laundering proceeds of crime. The Court held that parity with a co-accused was unavailable because the applicant's role was materially different, and the surrounding material showed knowledge, assistance, and participation in the offence. It further rejected the argument that half the maximum punishment had been served, noting that the facts attracted the higher punishment bracket under the Act. Bail was therefore refused. en-us Fri, 09 Feb 2024 00:00:00 +0530 Tue, 13 Aug 2024 19:58:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456780 Section 436-A CrPC was applied in a money-laundering bail context, but prolonged undertrial custody did not secure release where the Court recorded reasons based on the applicant's active role in layering and laundering proceeds of crime. The Court held that parity with a co-accused was unavailable because the applicant's role was materially different, and the surrounding material showed knowledge, assistance, and participation in the offence. It further rejected the argument that half the maximum punishment had been served, noting that the facts attracted the higher punishment bracket under the Act. Bail was therefore refused. Case-Laws Money Laundering Fri, 09 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456780