https://www.taxtmi.com/caselaws?id=790932 Bail under the Prevention of Money Laundering Act, 2002 depends on satisfaction of the statutory twin conditions on the material before the court. The text notes prima facie involvement in interfering with auction proceedings relating to attached properties and in assisting activities connected with proceeds of crime, and states that absence of a predicate offence was not decisive at the bail stage. The challenge to arrest and the exercise of statutory powers required deeper examination and could not be conclusively resolved in bail proceedings. On the available material, the stringent bail conditions were not met and release was declined. en-us Wed, 15 Apr 2026 00:00:00 +0530 Mon, 04 May 2026 07:56:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790932 Bail under the Prevention of Money Laundering Act, 2002 depends on satisfaction of the statutory twin conditions on the material before the court. The text notes prima facie involvement in interfering with auction proceedings relating to attached properties and in assisting activities connected with proceeds of crime, and states that absence of a predicate offence was not decisive at the bail stage. The challenge to arrest and the exercise of statutory powers required deeper examination and could not be conclusively resolved in bail proceedings. On the available material, the stringent bail conditions were not met and release was declined. Case-Laws Money Laundering Wed, 15 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790932