https://www.taxtmi.com/caselaws?id=469002 Bail in a PMLA matter cannot be treated as barred by an absolute embargo; the Court held that the statutory restrictions must be assessed on the facts, including prolonged incarceration, delay in initiating ECIR proceedings, and cooperation with the investigation. It further applied the Article 21 principle that the right to speedy trial extends to investigation, and that inordinate delay with stringent bail conditions cannot justify unreasonably long custody. The Court declined to treat custody in the predicate offence and the PMLA case as wholly separate for assessing long incarceration, and bail was granted. en-us Tue, 11 Mar 2025 00:00:00 +0530 Thu, 28 May 2026 18:57:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469002 Bail in a PMLA matter cannot be treated as barred by an absolute embargo; the Court held that the statutory restrictions must be assessed on the facts, including prolonged incarceration, delay in initiating ECIR proceedings, and cooperation with the investigation. It further applied the Article 21 principle that the right to speedy trial extends to investigation, and that inordinate delay with stringent bail conditions cannot justify unreasonably long custody. The Court declined to treat custody in the predicate offence and the PMLA case as wholly separate for assessing long incarceration, and bail was granted. Case-Laws Money Laundering Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469002