https://www.taxtmi.com/caselaws?id=770382 Regular bail under the Prevention of Money Laundering Act was granted where the accused, an external auditor, was not shown to be a beneficiary of proceeds of crime and no property belonging to him had been attached. Although Section 45 imposed strict bail conditions, the predicate and PMLA proceedings were still at an early stage, and the large number of witnesses and documents made early conclusion of trial unlikely. In these circumstances, continued custody was held unjustified in light of Article 21 protections of personal liberty and speedy trial, and release on bail was ordered. en-us Wed, 07 May 2025 00:00:00 +0530 Sat, 10 May 2025 08:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770382 Regular bail under the Prevention of Money Laundering Act was granted where the accused, an external auditor, was not shown to be a beneficiary of proceeds of crime and no property belonging to him had been attached. Although Section 45 imposed strict bail conditions, the predicate and PMLA proceedings were still at an early stage, and the large number of witnesses and documents made early conclusion of trial unlikely. In these circumstances, continued custody was held unjustified in light of Article 21 protections of personal liberty and speedy trial, and release on bail was ordered. Case-Laws Money Laundering Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770382