https://www.taxtmi.com/caselaws?id=462501 Patna HC denied bail to petitioner in money laundering case involving fraudulent transfers and misappropriation of government funds in the "Srijan Scam." Court applied Section 45 PMLA's twin test, finding reasonable grounds to believe petitioner guilty based on complaint materials and noting petitioner's propensity to commit offenses while on bail given 17 prior cases and investigation materials. Following Supreme Court precedent in Vijay Madanlal Choudhary case, HC held petitioner failed both tests required for statutory bail bar exemption, resulting in bail rejection. en-us Wed, 21 Jun 2023 00:00:00 +0530 Thu, 26 Jun 2025 22:47:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462501 Patna HC denied bail to petitioner in money laundering case involving fraudulent transfers and misappropriation of government funds in the "Srijan Scam." Court applied Section 45 PMLA's twin test, finding reasonable grounds to believe petitioner guilty based on complaint materials and noting petitioner's propensity to commit offenses while on bail given 17 prior cases and investigation materials. Following Supreme Court precedent in Vijay Madanlal Choudhary case, HC held petitioner failed both tests required for statutory bail bar exemption, resulting in bail rejection. Case-Laws Money Laundering Wed, 21 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462501