https://www.taxtmi.com/highlights?id=94026 The HC denied that the twin conditions of Section 45(1)(ii) of the PMLA were satisfied, finding prima facie materials indicating the petitioner's involvement in money-laundering and receipt of proceeds of crime, and reasonable grounds to believe guilt and potential risk if released. However, balancing the petitioner's statutory right to a speedy trial against prolonged pretrial custody-where trial is projected to be protracted (37 prosecution witnesses; 59 documents; 7,801 pages) and the petitioner has been detained since 21.06.2024- the HC ordered conditional bail. The petitioner is released on bail subject to compliance with conditions under Section 437(3) Cr.P.C./Section 480(3) of the Bhartiya Nagarik Suraksha Sanhita. en-us Mon, 10 Nov 2025 08:56:06 +0530 Mon, 10 Nov 2025 08:56:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=94026 The HC denied that the twin conditions of Section 45(1)(ii) of the PMLA were satisfied, finding prima facie materials indicating the petitioner's involvement in money-laundering and receipt of proceeds of crime, and reasonable grounds to believe guilt and potential risk if released. However, balancing the petitioner's statutory right to a speedy trial against prolonged pretrial custody-where trial is projected to be protracted (37 prosecution witnesses; 59 documents; 7,801 pages) and the petitioner has been detained since 21.06.2024- the HC ordered conditional bail. The petitioner is released on bail subject to compliance with conditions under Section 437(3) Cr.P.C./Section 480(3) of the Bhartiya Nagarik Suraksha Sanhita. Highlights Money Laundering Mon, 10 Nov 2025 08:56:06 +0530 https://www.taxtmi.com/highlights?id=94026