https://www.taxtmi.com/caselaws?id=465668 Prolonged custody in a money-laundering prosecution, combined with no real prospect of the trial concluding soon, justified bail despite the restrictions in Section 45 of the Prevention of Money Laundering Act, 2002. The Court noted that the petitioner had remained in custody for about nine months, cognizance had been taken but charges were yet to be considered, and the case involved a large volume of documents and witnesses. It also noted that the earlier predicate complaints had been withdrawn and the later FIRs were at an early stage. On these facts, continued incarceration was held to offend Article 21, and the petitioner was granted bail. en-us Fri, 31 Jan 2025 00:00:00 +0530 Mon, 05 Jan 2026 12:02:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465668 Prolonged custody in a money-laundering prosecution, combined with no real prospect of the trial concluding soon, justified bail despite the restrictions in Section 45 of the Prevention of Money Laundering Act, 2002. The Court noted that the petitioner had remained in custody for about nine months, cognizance had been taken but charges were yet to be considered, and the case involved a large volume of documents and witnesses. It also noted that the earlier predicate complaints had been withdrawn and the later FIRs were at an early stage. On these facts, continued incarceration was held to offend Article 21, and the petitioner was granted bail. Case-Laws Money Laundering Fri, 31 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465668