https://www.taxtmi.com/news?id=44155 Supreme Court granted bail in a money-laundering case, holding there is no rigid rule requiring a year in custody before bail. Noting the maximum punishment is seven years, ongoing investigation, many witnesses and absence of imminent trial, the court allowed bail subject to stringent conditions, directed surrender of passport and ordered release within a week while recording prosecution objections about the custodial benchmark and potential influence of the accused. en-us Tue, 20 May 2025 15:16:03 +0530 Tue, 20 May 2025 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44155 Supreme Court granted bail in a money-laundering case, holding there is no rigid rule requiring a year in custody before bail. Noting the maximum punishment is seven years, ongoing investigation, many witnesses and absence of imminent trial, the court allowed bail subject to stringent conditions, directed surrender of passport and ordered release within a week while recording prosecution objections about the custodial benchmark and potential influence of the accused. News - Tue, 20 May 2025 15:16:03 +0530 https://www.taxtmi.com/news?id=44155