https://www.taxtmi.com/caselaws?id=758693 Delhi HC granted regular bail to petitioner in money laundering case under PMLA, 2002. Petitioner was accused of projecting and concealing property worth Rs. 10.83 lakhs as proceeds of crime. Court found petitioner's role was miniscule compared to 14 main accused (MPs/MLAs) who remained unarrested. Since proceeds involved were less than Rs. 1 crore, case fell under proviso exempting twin conditions of Section 45 PMLA. Court noted petitioner cooperated with investigation, posed no flight risk, and satisfied triple test for bail. Bail granted with conditions. en-us Tue, 17 Sep 2024 00:00:00 +0530 Wed, 18 Sep 2024 07:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758693 Delhi HC granted regular bail to petitioner in money laundering case under PMLA, 2002. Petitioner was accused of projecting and concealing property worth Rs. 10.83 lakhs as proceeds of crime. Court found petitioner's role was miniscule compared to 14 main accused (MPs/MLAs) who remained unarrested. Since proceeds involved were less than Rs. 1 crore, case fell under proviso exempting twin conditions of Section 45 PMLA. Court noted petitioner cooperated with investigation, posed no flight risk, and satisfied triple test for bail. Bail granted with conditions. Case-Laws Money Laundering Tue, 17 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758693