The case involves a second bail application u/s 439 Cr.P.C. for ...

Bail Application rejected in money laundering case involving illegal levy on coal transportation. Applicant fails to meet PMLA twin conditions.

Case Laws Money Laundering

May 31, 2024

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 examined compliance with Section 19 of the PMLA, 2002 for arrest validity. The remand order was found to be in conformity with law, rejecting claims of illegal custody. The applicant failed to meet twin conditions u/s 45 of the PMLA, 2002 due to his central role in money laundering activities. Citing relevant Supreme Court judgments, bail was denied based on gravity of the offense and failure to disprove prosecution's case. The bail application was consequently rejected.

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The case involves a second bail application u/s 439 Cr.P.C. for ...

Bail Application rejected in money laundering case involving illegal levy on coal transportation. Applicant fails to meet PMLA twin conditions.

Case Laws Money Laundering

May 31, 2024

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