https://www.taxtmi.com/caselaws?id=763451 The Calcutta HC granted bail to an accused in a money laundering case involving illegal appointment of ineligible candidates. The petitioner was in custody for twenty months since March 2023. The court noted that while ED's material prima facie suggested the petitioner's involvement with co-accused who were already granted bail, the allegations primarily rested on statements requiring trial verification. Emphasizing Article 21 constitutional rights and citing prolonged incarceration without trial, the HC held that restrictive statutory provisions cannot override constitutional liberty when detention becomes punishment without trial. The court balanced the serious nature of offenses under the Prevention of Money Laundering Act with the accused's right to personal liberty, noting the bleak chances of trial completion within statutory timeframes given voluminous evidence. en-us Tue, 26 Nov 2024 00:00:00 +0530 Thu, 19 Dec 2024 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763451 The Calcutta HC granted bail to an accused in a money laundering case involving illegal appointment of ineligible candidates. The petitioner was in custody for twenty months since March 2023. The court noted that while ED's material prima facie suggested the petitioner's involvement with co-accused who were already granted bail, the allegations primarily rested on statements requiring trial verification. Emphasizing Article 21 constitutional rights and citing prolonged incarceration without trial, the HC held that restrictive statutory provisions cannot override constitutional liberty when detention becomes punishment without trial. The court balanced the serious nature of offenses under the Prevention of Money Laundering Act with the accused's right to personal liberty, noting the bleak chances of trial completion within statutory timeframes given voluminous evidence. Case-Laws Money Laundering Tue, 26 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763451