https://www.taxtmi.com/highlights?id=81643 Bail application for money laundering offense granted considering long incarceration exceeding substantial part of prescribed sentence, applicant's advanced age and health condition, no flight risk, and right to speedy trial under Article 21 despite statutory restrictions. Court relied on Supreme Court's ruling on applicability of Section 436A CrPC over rigors of Section 45 PMLA, allowing bail to protect fundamental rights when trial unlikely to conclude within reasonable time. Bail granted subject to conditions, with applicant to reside outside district and report to designated police station. en-us Mon, 23 Sep 2024 18:49:19 +0530 Mon, 23 Sep 2024 18:49:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=81643 Bail application for money laundering offense granted considering long incarceration exceeding substantial part of prescribed sentence, applicant's advanced age and health condition, no flight risk, and right to speedy trial under Article 21 despite statutory restrictions. Court relied on Supreme Court's ruling on applicability of Section 436A CrPC over rigors of Section 45 PMLA, allowing bail to protect fundamental rights when trial unlikely to conclude within reasonable time. Bail granted subject to conditions, with applicant to reside outside district and report to designated police station. Highlights Money Laundering Mon, 23 Sep 2024 18:49:19 +0530 https://www.taxtmi.com/highlights?id=81643