https://www.taxtmi.com/caselaws?id=768197 Bail in a money laundering prosecution arising from alleged misappropriation of scholarship funds under the Post Matric Scheme was refused where the allegations involved a scam concerning scholarships for SC, ST and OBC students and the High Court found the twin conditions under the PMLA unsatisfied. The challenge also raised non-supply of the copy of the "reasons to believe", but the Supreme Court found no ground to interfere with the High Court orders. Petitioners who had obtained interim relief were granted four weeks' time to surrender. The SLP was dismissed. en-us Tue, 25 Mar 2025 00:00:00 +0530 Thu, 03 Apr 2025 07:50:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768197 Bail in a money laundering prosecution arising from alleged misappropriation of scholarship funds under the Post Matric Scheme was refused where the allegations involved a scam concerning scholarships for SC, ST and OBC students and the High Court found the twin conditions under the PMLA unsatisfied. The challenge also raised non-supply of the copy of the "reasons to believe", but the Supreme Court found no ground to interfere with the High Court orders. Petitioners who had obtained interim relief were granted four weeks' time to surrender. The SLP was dismissed. Case-Laws Money Laundering Tue, 25 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768197