https://www.taxtmi.com/caselaws?id=461301 The Rajasthan HC dismissed a regular bail application in a money laundering case involving proceeds of crime worth Rs 85.12 crores. The court held that Section 45 of PMLA conditions were not satisfied, as the accused failed to establish innocence or that the money received was not tainted. The court noted that only the SC possesses extraordinary jurisdiction under Article 142(1) to grant bail despite stringent provisions, which HC lacks. The fact that co-accused received bail was deemed irrelevant, as equality principle cannot override legal provisions. Bail application dismissed. en-us Fri, 12 Jan 2024 00:00:00 +0530 Thu, 27 Mar 2025 12:44:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461301 The Rajasthan HC dismissed a regular bail application in a money laundering case involving proceeds of crime worth Rs 85.12 crores. The court held that Section 45 of PMLA conditions were not satisfied, as the accused failed to establish innocence or that the money received was not tainted. The court noted that only the SC possesses extraordinary jurisdiction under Article 142(1) to grant bail despite stringent provisions, which HC lacks. The fact that co-accused received bail was deemed irrelevant, as equality principle cannot override legal provisions. Bail application dismissed. Case-Laws Money Laundering Fri, 12 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461301