https://www.taxtmi.com/caselaws?id=465533 Regular bail under the PMLA was sought in a case alleging money-laundering through illegal acquisition of defence land constituting "proceeds of crime." Applying the interpretation of "proceeds of crime" and the "reason to believe" standard affirmed by the SC in Vijay Madanlal Choudhary, the HC held that the material disclosed tangible and credible evidence indicating the applicant's involvement in processes connected with proceeds of crime, including habitual participation in multiple fraudulent land acquisitions. The HC further held that the twin conditions under s.45(1) PMLA were not satisfied and parity was inapplicable because the applicant's role differed from co-accused. Bail was rejected. en-us Fri, 11 Apr 2025 00:00:00 +0530 Tue, 30 Dec 2025 19:04:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465533 Regular bail under the PMLA was sought in a case alleging money-laundering through illegal acquisition of defence land constituting "proceeds of crime." Applying the interpretation of "proceeds of crime" and the "reason to believe" standard affirmed by the SC in Vijay Madanlal Choudhary, the HC held that the material disclosed tangible and credible evidence indicating the applicant's involvement in processes connected with proceeds of crime, including habitual participation in multiple fraudulent land acquisitions. The HC further held that the twin conditions under s.45(1) PMLA were not satisfied and parity was inapplicable because the applicant's role differed from co-accused. Bail was rejected. Case-Laws Money Laundering Fri, 11 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465533