https://www.taxtmi.com/caselaws?id=762713 Delhi HC granted regular bail to petitioners charged under PMLA for alleged money laundering related to banned organization PFI. Court found prima facie case for money laundering not established as funds collection preceded the scheduled offence (Delhi Riots), and petitioners lacked dominion over proceeds of crime generation. Despite twin conditions of Section 45 PMLA being met, HC emphasized Article 21 prevails over stringent bail conditions when accused face prolonged incarceration without reasonable trial conclusion prospects. Given 185 prosecution witnesses, 456 documents, and lakhs of pages of digital evidence requiring joint trial, court granted bail considering substantial period already undergone and anticipated lengthy trial duration. en-us Wed, 04 Dec 2024 00:00:00 +0530 Thu, 05 Dec 2024 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762713 Delhi HC granted regular bail to petitioners charged under PMLA for alleged money laundering related to banned organization PFI. Court found prima facie case for money laundering not established as funds collection preceded the scheduled offence (Delhi Riots), and petitioners lacked dominion over proceeds of crime generation. Despite twin conditions of Section 45 PMLA being met, HC emphasized Article 21 prevails over stringent bail conditions when accused face prolonged incarceration without reasonable trial conclusion prospects. Given 185 prosecution witnesses, 456 documents, and lakhs of pages of digital evidence requiring joint trial, court granted bail considering substantial period already undergone and anticipated lengthy trial duration. Case-Laws Money Laundering Wed, 04 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762713