https://www.taxtmi.com/caselaws?id=757706 In a PMLA prosecution, regular bail remained subject to the statutory twin conditions under Section 45, and the applicant failed to show that he was not guilty or would not commit an offence while on bail. Prima facie material, including the Supreme Court's earlier finding in the applicant's own matter, indicated involvement in money laundering and use of proceeds of crime, so bail was refused. Delay in trial did not justify release because the main cause of non-progress was the non-appearance and non-cooperation of other accused, and parity, custody period, political change, and family circumstances were insufficient to outweigh the seriousness of the allegations. en-us Wed, 28 Aug 2024 00:00:00 +0530 Sat, 31 Aug 2024 07:52:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757706 In a PMLA prosecution, regular bail remained subject to the statutory twin conditions under Section 45, and the applicant failed to show that he was not guilty or would not commit an offence while on bail. Prima facie material, including the Supreme Court's earlier finding in the applicant's own matter, indicated involvement in money laundering and use of proceeds of crime, so bail was refused. Delay in trial did not justify release because the main cause of non-progress was the non-appearance and non-cooperation of other accused, and parity, custody period, political change, and family circumstances were insufficient to outweigh the seriousness of the allegations. Case-Laws Money Laundering Wed, 28 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757706