https://www.taxtmi.com/caselaws?id=763264 In a PMLA bail matter, the Madhya Pradesh HC treated compliance with Section 19 arrest safeguards as essential, requiring the designated officer to record reasons and form an opinion on legally reliable material. It also applied the principle that a Section 50 statement is not admissible against its maker when recorded in custody in proceedings of the same investigating agency. On the stated facts, the applicant had not been summoned before arrest, no earlier statement was recorded from him, no material was called from the licensing authority, and the alleged guilt rested mainly on co-accused statements. As no further custodial interrogation was required, bail was warranted and the application was allowed. en-us Tue, 19 Nov 2024 00:00:00 +0530 Tue, 26 May 2026 15:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763264 In a PMLA bail matter, the Madhya Pradesh HC treated compliance with Section 19 arrest safeguards as essential, requiring the designated officer to record reasons and form an opinion on legally reliable material. It also applied the principle that a Section 50 statement is not admissible against its maker when recorded in custody in proceedings of the same investigating agency. On the stated facts, the applicant had not been summoned before arrest, no earlier statement was recorded from him, no material was called from the licensing authority, and the alleged guilt rested mainly on co-accused statements. As no further custodial interrogation was required, bail was warranted and the application was allowed. Case-Laws Money Laundering Tue, 19 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763264