https://www.taxtmi.com/caselaws?id=801034 Quashing a predicate FIR through compromise does not, by itself, eliminate alleged proceeds of crime for bail consideration under the Prevention of Money Laundering Act, 2002. Given serious laundering allegations, their substantial scale and the need for further investigation, the statutory bail rigour applied; bail previously granted to one accused was set aside. For the other accused, the incomplete investigation and seriousness of the allegations required application of the same threshold, and bail was refused. en-us Tue, 29 Sep 2026 00:00:00 +0530 Thu, 15 Oct 2026 05:44:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801034 Quashing a predicate FIR through compromise does not, by itself, eliminate alleged proceeds of crime for bail consideration under the Prevention of Money Laundering Act, 2002. Given serious laundering allegations, their substantial scale and the need for further investigation, the statutory bail rigour applied; bail previously granted to one accused was set aside. For the other accused, the incomplete investigation and seriousness of the allegations required application of the same threshold, and bail was refused. Case-Laws Money Laundering Tue, 29 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801034