https://www.taxtmi.com/caselaws?id=459258 HC rejected bail application in money laundering case involving illegal recruitment of assistant primary teachers. Court found sufficient evidence including seizures of movable and immovable assets, witness statements under Section 50 PMLA, and corroborating materials establishing relationship between co-accused parties through shell companies and property transactions. Despite acknowledging right to speedy trial under constitutional provisions and Section 436A CrPC applying to PMLA cases, Court held petitioner failed to satisfy twin conditions under Section 45 PMLA for bail grant. en-us Tue, 30 Apr 2024 00:00:00 +0530 Fri, 06 Dec 2024 18:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459258 HC rejected bail application in money laundering case involving illegal recruitment of assistant primary teachers. Court found sufficient evidence including seizures of movable and immovable assets, witness statements under Section 50 PMLA, and corroborating materials establishing relationship between co-accused parties through shell companies and property transactions. Despite acknowledging right to speedy trial under constitutional provisions and Section 436A CrPC applying to PMLA cases, Court held petitioner failed to satisfy twin conditions under Section 45 PMLA for bail grant. Case-Laws Money Laundering Tue, 30 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459258