https://www.taxtmi.com/caselaws?id=774865 Under the Prevention of Money Laundering Act, 2002, bail remains subject to the twin conditions in Section 45, read with the presumption under Section 24, so the accused must show reasonable grounds for believing he is not guilty and is not likely to reoffend. The Court treated Section 50 statements and seizure material, including cash recoveries, diaries, code words, mobile contacts and related documents, as sufficient to prima facie indicate a continuing process involving proceeds of crime. Parity was rejected because the petitioner's alleged role was materially distinct, and long custody and medical grounds were found insufficient to dilute the statutory rigour. en-us Fri, 11 Jul 2025 00:00:00 +0530 Wed, 16 Jul 2025 08:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774865 Under the Prevention of Money Laundering Act, 2002, bail remains subject to the twin conditions in Section 45, read with the presumption under Section 24, so the accused must show reasonable grounds for believing he is not guilty and is not likely to reoffend. The Court treated Section 50 statements and seizure material, including cash recoveries, diaries, code words, mobile contacts and related documents, as sufficient to prima facie indicate a continuing process involving proceeds of crime. Parity was rejected because the petitioner's alleged role was materially distinct, and long custody and medical grounds were found insufficient to dilute the statutory rigour. Case-Laws Money Laundering Fri, 11 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774865