https://www.taxtmi.com/caselaws?id=758691 Calcutta HC allowed bail application in money laundering case under PMLA 2002. Court rejected petitioner's challenge to arrest validity, finding arrest memo showed petitioner refused to receive grounds after reviewing them. HC noted ED collected sufficient material satisfying sections 22-23 presumptions. Despite previous bail rejections, court considered fresh application citing Manish Sisodia precedent on prolonged detention. Petitioner, being first-time offender in custody for approximately two years (approaching one-third maximum sentence period under section 479 BNSS), was granted bail subject to conditions. en-us Thu, 12 Sep 2024 00:00:00 +0530 Tue, 17 Sep 2024 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758691 Calcutta HC allowed bail application in money laundering case under PMLA 2002. Court rejected petitioner's challenge to arrest validity, finding arrest memo showed petitioner refused to receive grounds after reviewing them. HC noted ED collected sufficient material satisfying sections 22-23 presumptions. Despite previous bail rejections, court considered fresh application citing Manish Sisodia precedent on prolonged detention. Petitioner, being first-time offender in custody for approximately two years (approaching one-third maximum sentence period under section 479 BNSS), was granted bail subject to conditions. Case-Laws Money Laundering Thu, 12 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758691