https://www.taxtmi.com/caselaws?id=768461 Regular bail under the Prevention of Money Laundering Act was examined in light of the Act's twin conditions, the continuing nature of money-laundering, the presumption under the statute, and the alleged involvement in proceeds of crime. The High Court treated the complaint and statements as prima facie showing dealings in non-saleable land, cash transactions, and transfers through family members linked to the proceeds of crime. It held that non-impleadment in the predicate offence did not assist the petitioner because money-laundering is an independent offence. The plea of parity was rejected as the petitioner's attributed role was materially different from the co-accused, and bail was refused. en-us Fri, 28 Mar 2025 00:00:00 +0530 Fri, 04 Apr 2025 17:40:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768461 Regular bail under the Prevention of Money Laundering Act was examined in light of the Act's twin conditions, the continuing nature of money-laundering, the presumption under the statute, and the alleged involvement in proceeds of crime. The High Court treated the complaint and statements as prima facie showing dealings in non-saleable land, cash transactions, and transfers through family members linked to the proceeds of crime. It held that non-impleadment in the predicate offence did not assist the petitioner because money-laundering is an independent offence. The plea of parity was rejected as the petitioner's attributed role was materially different from the co-accused, and bail was refused. Case-Laws Money Laundering Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768461