https://www.taxtmi.com/caselaws?id=461472 HP HC dismissed bail application in money laundering case involving misappropriation of scholarship funds under Post Matric Scheme for SC/ST/OBC students. Court held applicant cannot rely on SC judgment in similar case as arrest challenge remains sub judice. Previous similar application was already dismissed in January 2024. Court found no inordinate trial delay as charges not yet framed and Special Judge was checking copies. Twin conditions under Section 45 PMLA not satisfied. Applicant failed to demonstrate sufficient grounds for bail at current stage. en-us Fri, 08 Nov 2024 00:00:00 +0530 Tue, 08 Apr 2025 18:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461472 HP HC dismissed bail application in money laundering case involving misappropriation of scholarship funds under Post Matric Scheme for SC/ST/OBC students. Court held applicant cannot rely on SC judgment in similar case as arrest challenge remains sub judice. Previous similar application was already dismissed in January 2024. Court found no inordinate trial delay as charges not yet framed and Special Judge was checking copies. Twin conditions under Section 45 PMLA not satisfied. Applicant failed to demonstrate sufficient grounds for bail at current stage. Case-Laws Money Laundering Fri, 08 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461472