https://www.taxtmi.com/caselaws?id=772658 Section 45 of the Prevention of Money Laundering Act, 2002 imposes a stringent bail test requiring reasonable grounds to believe the accused is not guilty and will not commit further offences on bail. The Court found the prosecution complaint, investigation material, alleged role as a key beneficiary, quantified proceeds of crime, and the continuing investigation sufficient to defeat bail on merits, and treated the matter as an economic offence warranting a stricter approach. It also rejected bail on medical grounds because the medical reports showed the accused was stable, under review, and receiving treatment in custody. en-us Mon, 09 Jun 2025 00:00:00 +0530 Thu, 12 Jun 2025 07:21:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772658 Section 45 of the Prevention of Money Laundering Act, 2002 imposes a stringent bail test requiring reasonable grounds to believe the accused is not guilty and will not commit further offences on bail. The Court found the prosecution complaint, investigation material, alleged role as a key beneficiary, quantified proceeds of crime, and the continuing investigation sufficient to defeat bail on merits, and treated the matter as an economic offence warranting a stricter approach. It also rejected bail on medical grounds because the medical reports showed the accused was stable, under review, and receiving treatment in custody. Case-Laws Money Laundering Mon, 09 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772658