Bail in money-laundering prosecution refused where audit evidence supported alleged fund diversion and counsel absences contributed to trial delay.

Bail in money-laundering prosecution refused where audit evidence supported alleged fund diversion and counsel absences contributed to trial delay. https://www.taxtmi.com/highlights?id=105434 Bail in a money-laundering prosecution involving alleged diversion of allottees' funds was refused. An independent audit report was treated as establishing the alleged diversion, while repeated absence of the applicant's counsel, recorded in the status report, was treated as contributing to trial delay. Expeditious disposal was directed without unnecessary adjournments, subject to legal impediments. en-us Tue, 27 Oct 2026 14:13:07 +0530 Tue, 27 Oct 2026 14:13:07 +0530 TaxTMI RSS Generator Bail in money-laundering prosecution refused where audit evidence supported alleged fund diversion and counsel absences contributed to trial delay. https://www.taxtmi.com/highlights?id=105434 Bail in a money-laundering prosecution involving alleged diversion of allottees' funds was refused. An independent audit report was treated as establishing the alleged diversion, while repeated absence of the applicant's counsel, recorded in the status report, was treated as contributing to trial delay. Expeditious disposal was directed without unnecessary adjournments, subject to legal impediments. Highlights Money Laundering Tue, 27 Oct 2026 14:13:07 +0530 https://www.taxtmi.com/highlights?id=105434