https://www.taxtmi.com/caselaws?id=461450 In a PMLA bail assessment, the Chhattisgarh HC applied the Section 45 twin conditions and examined whether there were reasonable grounds to believe the applicant was not guilty and unlikely to reoffend on bail. On the broad probabilities available at the bail stage, the applicant's travel to Dubai, meetings with the principal accused, bank transactions said to route proceeds of crime, and alleged property acquisition in his wife's name were treated as prima facie links to laundering activity. The Court found the material sufficient at this stage to show involvement and that the statutory threshold for regular bail was not satisfied, so bail was refused. en-us Thu, 28 Mar 2024 00:00:00 +0530 Mon, 07 Apr 2025 19:01:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461450 In a PMLA bail assessment, the Chhattisgarh HC applied the Section 45 twin conditions and examined whether there were reasonable grounds to believe the applicant was not guilty and unlikely to reoffend on bail. On the broad probabilities available at the bail stage, the applicant's travel to Dubai, meetings with the principal accused, bank transactions said to route proceeds of crime, and alleged property acquisition in his wife's name were treated as prima facie links to laundering activity. The Court found the material sufficient at this stage to show involvement and that the statutory threshold for regular bail was not satisfied, so bail was refused. Case-Laws Money Laundering Thu, 28 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461450