https://www.taxtmi.com/caselaws?id=462538 An arrest under the Prevention of Money Laundering Act is vitiated if the accused is not produced before the nearest Magistrate within 24 hours of actual custody, as required by Article 22(2) and Section 57 CrPC, applied through Section 65 of the PMLA. The Court treated custody as commencing when physical custody was handed to the Enforcement Directorate pursuant to the Look Out Circular, not from the later arrest memo time. Because that constitutional safeguard was breached, the arrest was illegal and custody stood vitiated; bail could not be refused merely by relying on the twin conditions in Section 45 of the PMLA. Bail was therefore sustained. en-us Tue, 21 Jan 2025 00:00:00 +0530 Fri, 15 May 2026 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462538 An arrest under the Prevention of Money Laundering Act is vitiated if the accused is not produced before the nearest Magistrate within 24 hours of actual custody, as required by Article 22(2) and Section 57 CrPC, applied through Section 65 of the PMLA. The Court treated custody as commencing when physical custody was handed to the Enforcement Directorate pursuant to the Look Out Circular, not from the later arrest memo time. Because that constitutional safeguard was breached, the arrest was illegal and custody stood vitiated; bail could not be refused merely by relying on the twin conditions in Section 45 of the PMLA. Bail was therefore sustained. Case-Laws Money Laundering Tue, 21 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462538