https://www.taxtmi.com/caselaws?id=784768 In proceedings for regular bail under the PMLA arising from alleged laundering of "proceeds of crime" generated through GST fraud by availing ITC on the basis of bogus invoices and creation of multiple entities in the names of third parties, the SC declined to interfere with the HC's refusal of bail, holding that no exceptional ground was made out to warrant exercise of discretionary jurisdiction on bail parameters. However, to balance liberty interests pending investigation, the SC directed the investigating agency to complete further investigation within four months, clarifying that delay would not bar a belated supplementary prosecution complaint but would entitle the accused to apply afresh for bail; the SLP was disposed of accordingly. en-us Mon, 05 Jan 2026 00:00:00 +0530 Mon, 12 Jan 2026 09:31:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784768 In proceedings for regular bail under the PMLA arising from alleged laundering of "proceeds of crime" generated through GST fraud by availing ITC on the basis of bogus invoices and creation of multiple entities in the names of third parties, the SC declined to interfere with the HC's refusal of bail, holding that no exceptional ground was made out to warrant exercise of discretionary jurisdiction on bail parameters. However, to balance liberty interests pending investigation, the SC directed the investigating agency to complete further investigation within four months, clarifying that delay would not bar a belated supplementary prosecution complaint but would entitle the accused to apply afresh for bail; the SLP was disposed of accordingly. Case-Laws Money Laundering Mon, 05 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784768