https://www.taxtmi.com/caselaws?id=757875 For bail under the Prevention of Money Laundering Act, 2002, the complaint must contain prima facie factual material linking the scheduled offence to the alleged proceeds of crime; bare allegations of illegal mining were insufficient without specific pleadings showing that the offences generated proceeds of crime. The Court also noted that the first offence mentioned was not itself a predicate offence, except for conspiracy under Section 120B IPC, and there were no pleadings of money-laundering or tampering with evidence. On that basis, it found reasonable grounds to believe the appellants were not guilty and granted bail. en-us Mon, 12 Aug 2024 00:00:00 +0530 Wed, 04 Sep 2024 08:18:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757875 For bail under the Prevention of Money Laundering Act, 2002, the complaint must contain prima facie factual material linking the scheduled offence to the alleged proceeds of crime; bare allegations of illegal mining were insufficient without specific pleadings showing that the offences generated proceeds of crime. The Court also noted that the first offence mentioned was not itself a predicate offence, except for conspiracy under Section 120B IPC, and there were no pleadings of money-laundering or tampering with evidence. On that basis, it found reasonable grounds to believe the appellants were not guilty and granted bail. Case-Laws Money Laundering Mon, 12 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757875