https://www.taxtmi.com/caselaws?id=461434 In a PMLA money-laundering prosecution, the High Court held that the arrest record showed issuance of summons, recording of the applicant's statement, written communication of the grounds of arrest, and forwarding of the reasons to believe for approval. On that basis, it found no violation of the mandatory safeguards under Section 19 of the PMLA or Article 22(1). It further held that the twin conditions for bail under Section 45 were not satisfied at that stage. Bail was therefore rejected, and the applicant was held not entitled to release. en-us Fri, 12 Jan 2024 00:00:00 +0530 Fri, 04 Apr 2025 10:41:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461434 In a PMLA money-laundering prosecution, the High Court held that the arrest record showed issuance of summons, recording of the applicant's statement, written communication of the grounds of arrest, and forwarding of the reasons to believe for approval. On that basis, it found no violation of the mandatory safeguards under Section 19 of the PMLA or Article 22(1). It further held that the twin conditions for bail under Section 45 were not satisfied at that stage. Bail was therefore rejected, and the applicant was held not entitled to release. Case-Laws Money Laundering Fri, 12 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461434