Rejection of anticipatory bail - Money Laundering - Bike Bot ...

Case Laws Money Laundering

February 15, 2024

Rejection of anticipatory bail - Money Laundering - Bike Bot Scam - Funds were diverted to shell companies for concealing the true purpose of collecting it and for rotation - proceeds of crime - The Allahabad High Court rejected the application for anticipatory bail, citing the serious nature of the economic offenses involved, the ongoing investigation's requirements, and the legal strictures against bail in such cases.

View Source

← Previous Next →

Rejection of anticipatory bail - Money Laundering - Bike Bot ...

Case Laws Money Laundering

February 15, 2024

You may also like:

Grant of anticipatory bail - Money Laundering - siphoning off of funds - The court interprets Section 3 of the PMLA Act, emphasizing that it encompasses individuals who...

Seeking grant of anticipatory bail - Money Laundering - The allegations against the applicant, as CEO of a company, included signing agreements facilitating fund...

Seeking grant of bail - Money Laundering - The Court observed that the applicant held directorial positions in companies allegedly involved in fraudulent activities. The...

Grant of bail - money laundering - proceeds of crime - The court noted substantial evidence indicating that Satyendar Kumar Jain conceptualized and orchestrated the...

Seeking grant of anticipatory bail - This case revolves around allegations of a sophisticated money laundering scheme linked to illegal coal levy collection. The court...

Money laundering case involving public funds looted through apps promising high returns. Petitioner argued trial court failed to consider evidence, violated natural...

The High Court denied bail to the accused, a public servant, in a money laundering case involving bribery for tender allotments. The accused's family members were also...

Grant of anticipatory bail - money laundering - sale of fake Remdesivir injections to earn huge money from Covid patients - proceeds of crime - Considering the money...

Seeking grant of Anticipatory Bail - Money Laundering - In the instant cases, grant of anticipatory bail at the stage of investigation may frustrate the investigating...

Grant of anticipatory bail - money laundering - siphoning of funds - Apparently, the money that is alleged to be siphoned off is public money and the offence is grave in...

Seeking grant of bail - money laundering - proceeds of crime - misappropriation of credit facilities extended by the banks for personal gain - creation of shell...

The Punjab and Haryana High Court considered a petition seeking anticipatory bail in a money laundering case involving scheduled offences. The court analyzed the...

Seeking grant of anticipatory bail - Money Laundering - twin conditions of Section 45 of the PMLA Act satisfied or not - main accused was exonerated on identical...

Grant of Bail - siphoning of funds - transfer of funds among different companies - The present case is of an economic offence involving siphoning of public...

The court dismissed the petitioner's application for regular bail in a money laundering case. The key points are: The predicate offence involved Veerendra Kumar Ram...

Quick Updates: