https://www.taxtmi.com/caselaws?id=758691 The Calcutta HC held that the arrest under the Prevention of Money-Laundering Act was not invalid, because the arrest memo showed the petitioner was informed of the grounds of arrest and refused to receive them, so section 19(1) was complied with. It also held that bail could be granted despite the stringent money-laundering regime, where investigation was complete, charge had not been framed after about two years in custody, the prosecution case was largely documentary, and early trial completion appeared unlikely. The Court relied on Article 21 and the principles reflected in section 436A CrPC and section 479 BNSS, and granted bail subject to strict 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 The Calcutta HC held that the arrest under the Prevention of Money-Laundering Act was not invalid, because the arrest memo showed the petitioner was informed of the grounds of arrest and refused to receive them, so section 19(1) was complied with. It also held that bail could be granted despite the stringent money-laundering regime, where investigation was complete, charge had not been framed after about two years in custody, the prosecution case was largely documentary, and early trial completion appeared unlikely. The Court relied on Article 21 and the principles reflected in section 436A CrPC and section 479 BNSS, and granted bail subject to strict conditions. Case-Laws Money Laundering Thu, 12 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758691