https://www.taxtmi.com/caselaws?id=762011 In bail proceedings under the money-laundering statute, the court found prima facie satisfaction of the twin conditions because the material did not establish a clear nexus between the applicant and the alleged scheduled offence, nor reliable proof of knowledge, participation, or receipt of proceeds of crime. The court also held that prolonged custody, the nascent stage of trial, the large volume of material, and the likelihood of delay justified regular bail, since personal liberty and the right to speedy trial remain relevant even under stringent special statutes. Regular bail was therefore granted subject to conditions. en-us Wed, 20 Nov 2024 00:00:00 +0530 Thu, 21 Nov 2024 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762011 In bail proceedings under the money-laundering statute, the court found prima facie satisfaction of the twin conditions because the material did not establish a clear nexus between the applicant and the alleged scheduled offence, nor reliable proof of knowledge, participation, or receipt of proceeds of crime. The court also held that prolonged custody, the nascent stage of trial, the large volume of material, and the likelihood of delay justified regular bail, since personal liberty and the right to speedy trial remain relevant even under stringent special statutes. Regular bail was therefore granted subject to conditions. Case-Laws Money Laundering Wed, 20 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762011