https://www.taxtmi.com/caselaws?id=457278 In prosecutions under the Prevention of Money Laundering Act, regular bail remains controlled by the Section 45 twin conditions, requiring reasonable grounds to believe that the accused is not guilty and is not likely to commit an offence while on bail. On the prima facie material, including documentary records and witness statements linked to alleged laundering of duty drawback proceeds through inflated export invoicing and banking and cash transactions, the Court found those conditions unmet. Bail was refused and the application dismissed. en-us Mon, 13 Jun 2022 00:00:00 +0530 Fri, 13 Sep 2024 18:54:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457278 In prosecutions under the Prevention of Money Laundering Act, regular bail remains controlled by the Section 45 twin conditions, requiring reasonable grounds to believe that the accused is not guilty and is not likely to commit an offence while on bail. On the prima facie material, including documentary records and witness statements linked to alleged laundering of duty drawback proceeds through inflated export invoicing and banking and cash transactions, the Court found those conditions unmet. Bail was refused and the application dismissed. Case-Laws Indian Laws Mon, 13 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457278