Seeking grant of regular bail - Money Laundering - Allegation of ...

Case Laws Money Laundering

February 9, 2024

Seeking grant of regular bail - Money Laundering - Allegation of indulging in paper/bogus sales and purchase of goods, even though there was no actual movement of goods - The High Court dismisses the bail application, stating that the twin conditions under Section 45 of PMLA are not satisfied. The court finds prima facie evidence that the applicant was involved in money laundering through sham transactions.

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Seeking grant of regular bail - Money Laundering - Allegation of ...

Case Laws Money Laundering

February 9, 2024

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