https://www.taxtmi.com/highlights?id=87221 HC denies bail in money laundering case involving fraudulent land transactions. The court found prima facie evidence of criminal activities through cash transactions, land sales, and suspicious financial dealings. The petitioner's involvement in proceeds of crime under PMLA was substantiated by investigation findings, including admissions of financial transactions and connections with co-accused. The court rejected arguments of completed investigation and principles of parity, emphasizing that charge-sheet filing does not automatically entitle bail. Applying statutory tests under Section 45 of PMLA, the court concluded the petitioner failed to demonstrate innocence and posed potential risk of further criminal activities. Consequently, the bail application was dismissed, maintaining judicial custody. en-us Tue, 08 Apr 2025 08:29:01 +0530 Tue, 08 Apr 2025 08:29:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=87221 HC denies bail in money laundering case involving fraudulent land transactions. The court found prima facie evidence of criminal activities through cash transactions, land sales, and suspicious financial dealings. The petitioner's involvement in proceeds of crime under PMLA was substantiated by investigation findings, including admissions of financial transactions and connections with co-accused. The court rejected arguments of completed investigation and principles of parity, emphasizing that charge-sheet filing does not automatically entitle bail. Applying statutory tests under Section 45 of PMLA, the court concluded the petitioner failed to demonstrate innocence and posed potential risk of further criminal activities. Consequently, the bail application was dismissed, maintaining judicial custody. Highlights Money Laundering Tue, 08 Apr 2025 08:29:01 +0530 https://www.taxtmi.com/highlights?id=87221