https://www.taxtmi.com/caselaws?id=764088 Regular bail may be refused in a serious economic offence where investigation discloses prima facie involvement in a conspiracy, illegal extortion and corruption-related syndicate activity, and where release may prejudice evidence or custodial interrogation. The Court examined each applicant's role separately but found the collected material showed active participation in the alleged illegal levy and routing of proceeds. Defence pleas of false implication and absence of material were treated as issues for trial and insufficient to displace the prosecution case at the bail stage. On that basis, the bail applications were rejected. en-us Mon, 16 Dec 2024 00:00:00 +0530 Fri, 03 Jan 2025 08:45:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764088 Regular bail may be refused in a serious economic offence where investigation discloses prima facie involvement in a conspiracy, illegal extortion and corruption-related syndicate activity, and where release may prejudice evidence or custodial interrogation. The Court examined each applicant's role separately but found the collected material showed active participation in the alleged illegal levy and routing of proceeds. Defence pleas of false implication and absence of material were treated as issues for trial and insufficient to displace the prosecution case at the bail stage. On that basis, the bail applications were rejected. Case-Laws Money Laundering Mon, 16 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764088