https://www.taxtmi.com/caselaws?id=758843 Regular bail may be granted in a money-laundering matter despite the stringent PMLA regime where investigation is complete, the prosecution case is largely documentary, and prolonged custody would amount to undue pre-trial punishment. The court noted that the complaint had been filed, the evidence included statements of co-accused, witnesses and approvers, several retracted, and the trial was unlikely to conclude early because of voluminous material and numerous witnesses. It also relied on the applicant's settled roots and prior bail in the predicate case, holding that concerns about absconding, tampering or witness influence could be met through strict conditions. Bail was therefore granted subject to safeguards. en-us Wed, 11 Sep 2024 00:00:00 +0530 Thu, 19 Sep 2024 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758843 Regular bail may be granted in a money-laundering matter despite the stringent PMLA regime where investigation is complete, the prosecution case is largely documentary, and prolonged custody would amount to undue pre-trial punishment. The court noted that the complaint had been filed, the evidence included statements of co-accused, witnesses and approvers, several retracted, and the trial was unlikely to conclude early because of voluminous material and numerous witnesses. It also relied on the applicant's settled roots and prior bail in the predicate case, holding that concerns about absconding, tampering or witness influence could be met through strict conditions. Bail was therefore granted subject to safeguards. Case-Laws Money Laundering Wed, 11 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758843