Applicant Granted Bail in BIKEBOT Scheme: No Direct Fraud Involvement, Extended Detention, Presumption of Innocence.

1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available

2. New: “In Favour Of” filter added in Case Laws.

Try both these filters in Case Laws →

Applicant Granted Bail in BIKEBOT Scheme: No Direct Fraud Involvement, Extended Detention, Presumption of Innocence.

X X X X Extracts X X X X

....Money Laundering - seeking grant of bail - offence of fraud and forgery of valuable securities, etc. - twin conditions u/s 45 of PMLA satisfied or not - The High Court granted bail to the applicant in a case related to the BIKEBOT scheme under the Prevention of Money Laundering Act, 2002. The court found that the applicant had no direct involvement in the fraud perpetrated by GIPL and that the transactions involving him were disputed. Despite opposition from the Enforcement Directorate, the court concluded that the applicant's prolonged detention, lack of criminal history, and presumption of innocence warranted bail.....

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Applicant Granted Bail in BIKEBOT Scheme: No Direct Fraud Involvement, Extended Detention, Presumption of Innocence.