Grant of anticipatory bail - Money Laundering - siphoning off of ...

Anticipatory Bail Denied in Money Laundering Case; Court Urges Surrender and Regular Bail Pursuit.

March 14, 2024

Case Laws Money Laundering HC

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 knowingly assist or are involved in activities connected to proceeds of crime, regardless of their direct implication in the FIR. - The court concludes that the applicant's failure to appear before the court, despite the issuance of a warrant, further weakens his claim for anticipatory bail. Consequently, the court dismisses the anticipatory bail application and advises the applicant to surrender and apply for regular bail.

View Source

← Previous Next →

Grant of anticipatory bail - Money Laundering - siphoning off of ...

Anticipatory Bail Denied in Money Laundering Case; Court Urges Surrender and Regular Bail Pursuit.

March 14, 2024

Case Laws Money Laundering HC

You may also like:

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

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 - The allegations against the applicant, as CEO of a company, included signing agreements facilitating fund...

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

Seeking grant of Regular bail - Money Laundering - the Delhi High Court granted bail to an applicant involved in a PMLA case, taking into consideration his role as a...

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...

The court granted regular bail to the accused in a money laundering case, considering the prolonged incarceration, the likelihood of delay in trial, and the...

The case involves a second bail application u/s 439 Cr.P.C. for regular bail in a Money Laundering matter related to illegal levy on coal transportation. The court...

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...

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...

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 regular bail - Money Laundering - Allegation of indulging in paper/bogus sales and purchase of goods, even though there was no actual movement of goods...

Seeking grant of Regular Bail - Money laundering - when the question of liberty of an individual is involved, it is not possible for me to ignore the fact that the...

Quick Updates: