https://www.taxtmi.com/caselaws?id=765383 Chhattisgarh HC rejected bail application in money laundering case involving alleged illegal extortion on coal transportation. Court held applicant failed to satisfy twin conditions under Section 45 of PMLA, 2002 and could not reverse burden of proof to dislodge prosecution case. Citing SC precedent in Directorate of Enforcement v. Aditya Tripathi, court emphasized rigorous requirements under PMLA considering seriousness of scheduled offences and ongoing ED investigation. Prima facie evidence showed applicant's involvement in the crime, making bail conditions unfulfilled. en-us Mon, 27 Jan 2025 00:00:00 +0530 Fri, 31 Jan 2025 07:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765383 Chhattisgarh HC rejected bail application in money laundering case involving alleged illegal extortion on coal transportation. Court held applicant failed to satisfy twin conditions under Section 45 of PMLA, 2002 and could not reverse burden of proof to dislodge prosecution case. Citing SC precedent in Directorate of Enforcement v. Aditya Tripathi, court emphasized rigorous requirements under PMLA considering seriousness of scheduled offences and ongoing ED investigation. Prima facie evidence showed applicant's involvement in the crime, making bail conditions unfulfilled. Case-Laws Money Laundering Mon, 27 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765383