https://www.taxtmi.com/caselaws?id=788939 Section 45 of the Prevention of Money Laundering Act, 2002 was treated as applicable to anticipatory bail, requiring assessment of reasonable grounds and the risk of further offending while on bail. On the material before it, the Court found conduct suggesting evasion of investigation, inconsistent statements, alleged suppression of incriminating material, and the need to trace assets and prepare an inventory for restoration to investors. Those factors justified custodial interrogation, and the request for protection was not sufficient to outweigh the seriousness of the alleged laundering activity. Anticipatory bail was declined. en-us Mon, 30 Mar 2026 00:00:00 +0530 Wed, 01 Apr 2026 07:51:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788939 Section 45 of the Prevention of Money Laundering Act, 2002 was treated as applicable to anticipatory bail, requiring assessment of reasonable grounds and the risk of further offending while on bail. On the material before it, the Court found conduct suggesting evasion of investigation, inconsistent statements, alleged suppression of incriminating material, and the need to trace assets and prepare an inventory for restoration to investors. Those factors justified custodial interrogation, and the request for protection was not sufficient to outweigh the seriousness of the alleged laundering activity. Anticipatory bail was declined. Case-Laws Money Laundering Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788939