https://www.taxtmi.com/caselaws?id=776531 The HC dismissed the bail application under PMLA, holding that the mandatory conditions of Section 45 were not fulfilled. Despite the petitioner not being named in the predicate offence charge sheets, the Court found involvement in procuring forged documents leading to proceeds of crime. The Court emphasized the overriding effect of PMLA provisions over CrPC and the presumption of involvement in money laundering unless disproved by the accused. Considering the gravity of the offence and lack of any change in circumstances since the prior bail rejection, the Court declined to exercise discretion in favor of bail. The application was dismissed without commenting on the merits. en-us Wed, 06 Aug 2025 00:00:00 +0530 Wed, 13 Aug 2025 07:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776531 The HC dismissed the bail application under PMLA, holding that the mandatory conditions of Section 45 were not fulfilled. Despite the petitioner not being named in the predicate offence charge sheets, the Court found involvement in procuring forged documents leading to proceeds of crime. The Court emphasized the overriding effect of PMLA provisions over CrPC and the presumption of involvement in money laundering unless disproved by the accused. Considering the gravity of the offence and lack of any change in circumstances since the prior bail rejection, the Court declined to exercise discretion in favor of bail. The application was dismissed without commenting on the merits. Case-Laws Money Laundering Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776531