https://www.taxtmi.com/caselaws?id=468979 Regular bail was refused in a PMLA prosecution because the complaint and investigation materials disclosed a direct role in arranging cash, providing bank-account entries, and moving proceeds of crime through multiple accounts. Applying settled bail principles for economic offences, the Court considered the nature of the accusation, the gravity of the offence, the prosecution material, and the public interest, and found the allegations sufficient to deny release. The cases cited by the petitioner were distinguished on their facts, including health-related relief, absence of a direct role, or other statutory contexts. The bail application was dismissed. en-us Fri, 13 Sep 2024 00:00:00 +0530 Wed, 27 May 2026 20:06:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468979 Regular bail was refused in a PMLA prosecution because the complaint and investigation materials disclosed a direct role in arranging cash, providing bank-account entries, and moving proceeds of crime through multiple accounts. Applying settled bail principles for economic offences, the Court considered the nature of the accusation, the gravity of the offence, the prosecution material, and the public interest, and found the allegations sufficient to deny release. The cases cited by the petitioner were distinguished on their facts, including health-related relief, absence of a direct role, or other statutory contexts. The bail application was dismissed. Case-Laws Money Laundering Fri, 13 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468979