https://www.taxtmi.com/caselaws?id=761308 A first-time offender detained for more than one-third of the maximum sentence for the scheduled offence was entitled to statutory release under the first proviso to section 479(1) of the Bharatiya Nagarik Suraksha Sanhita, 2023, as extended to proceedings under the Prevention of Money-Laundering Act, 2002. The Court found no past conviction and no sufficient basis to refuse the benefit by invoking the second proviso. Bail was therefore granted on appropriate terms to be fixed by the Special Court. en-us Fri, 18 Oct 2024 00:00:00 +0530 Fri, 08 Nov 2024 19:58:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761308 A first-time offender detained for more than one-third of the maximum sentence for the scheduled offence was entitled to statutory release under the first proviso to section 479(1) of the Bharatiya Nagarik Suraksha Sanhita, 2023, as extended to proceedings under the Prevention of Money-Laundering Act, 2002. The Court found no past conviction and no sufficient basis to refuse the benefit by invoking the second proviso. Bail was therefore granted on appropriate terms to be fixed by the Special Court. Case-Laws Money Laundering Fri, 18 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761308