Court Grants Bail in Money Laundering Case, Highlights Flexibility in Statutory Deadlines Without Specified Consequences for Non-Compliance.

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....Grant of bail - Money Laundering - proceeds of crime - predicate offences - it is further settled in law that whenever a statutory provision prescribes a thing to be done within a certain period of time without further stipulating the consequence of failure to do so, then the provision relating to the time period prescribed cannot be treated as mandatory. - the applicant is granted bail - HC....