https://www.taxtmi.com/caselaws?id=774089 Delhi HC dismissed anticipatory bail application under Section 482 BNSS in money laundering case involving forged Form 15CBs and overseas remittances exceeding Rs. 300 crores. Applicant, a Hong Kong resident, failed to appear despite multiple summons under Section 50 PMLA and could not rebut statutory presumption under Section 24 PMLA. Court found applicant posed flight risk, lacked ties in India, and his evasive conduct warranted custodial interrogation. Previous Sessions Court application was also dismissed. Court held premature bail would impede investigation and compromise PMLA objectives. en-us Tue, 01 Jul 2025 00:00:00 +0530 Thu, 03 Jul 2025 08:34:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774089 Delhi HC dismissed anticipatory bail application under Section 482 BNSS in money laundering case involving forged Form 15CBs and overseas remittances exceeding Rs. 300 crores. Applicant, a Hong Kong resident, failed to appear despite multiple summons under Section 50 PMLA and could not rebut statutory presumption under Section 24 PMLA. Court found applicant posed flight risk, lacked ties in India, and his evasive conduct warranted custodial interrogation. Previous Sessions Court application was also dismissed. Court held premature bail would impede investigation and compromise PMLA objectives. Case-Laws Money Laundering Tue, 01 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774089