https://www.taxtmi.com/caselaws?id=464637 In a bail application arising from proceedings under the Prevention of Money Laundering Act, the HC held that custody was not shown to be necessary for investigation and that there was no material indicating misuse of liberty, likelihood of absconding, or departure from the country. The objection that release would hinder further investigation was unsupported, and no clear nexus was shown between bail and prejudice to the inquiry, particularly where the identified properties were in India and abroad. On this material, the Court found the applicant fit for bail and granted release. en-us Tue, 15 Dec 2015 00:00:00 +0530 Fri, 07 Nov 2025 20:13:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464637 In a bail application arising from proceedings under the Prevention of Money Laundering Act, the HC held that custody was not shown to be necessary for investigation and that there was no material indicating misuse of liberty, likelihood of absconding, or departure from the country. The objection that release would hinder further investigation was unsupported, and no clear nexus was shown between bail and prejudice to the inquiry, particularly where the identified properties were in India and abroad. On this material, the Court found the applicant fit for bail and granted release. Case-Laws Money Laundering Tue, 15 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464637