https://www.taxtmi.com/caselaws?id=768099 In bail matters under the Prevention of Money Laundering Act, the Court applied the mandatory twin conditions and the statutory presumption to hold that prima facie material, including statements under Section 50 and bank-account trails, was sufficient to deny regular bail. It treated money-laundering as independent of the predicate offence and held that completion of investigation or filing of complaint did not by itself justify release. The Court also rejected parity because a co-accused's bail does not create a right to similar relief where the petitioner's alleged role in procuring documents, preparing fake deeds, and receiving proceeds of crime was materially different. en-us Fri, 21 Mar 2025 00:00:00 +0530 Tue, 01 Apr 2025 08:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768099 In bail matters under the Prevention of Money Laundering Act, the Court applied the mandatory twin conditions and the statutory presumption to hold that prima facie material, including statements under Section 50 and bank-account trails, was sufficient to deny regular bail. It treated money-laundering as independent of the predicate offence and held that completion of investigation or filing of complaint did not by itself justify release. The Court also rejected parity because a co-accused's bail does not create a right to similar relief where the petitioner's alleged role in procuring documents, preparing fake deeds, and receiving proceeds of crime was materially different. Case-Laws Money Laundering Fri, 21 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768099