Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
PMLA - Highlights / Catch Notes

Home Highlights September 2024 Year 2024 This

Bail application for money laundering offense granted ...


Money Laundering Bail: Elderly Inmate's Rights Upheld Over Statutory Restrictions.

Case Laws     Money Laundering

September 23, 2024

Bail application for money laundering offense granted considering long incarceration exceeding substantial part of prescribed sentence, applicant's advanced age and health condition, no flight risk, and right to speedy trial under Article 21 despite statutory restrictions. Court relied on Supreme Court's ruling on applicability of Section 436A CrPC over rigors of Section 45 PMLA, allowing bail to protect fundamental rights when trial unlikely to conclude within reasonable time. Bail granted subject to conditions, with applicant to reside outside district and report to designated police station.

View Source

 


 

You may also like:

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

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

  3. Money Laundering - Grant of bail - The petitioner, seeking bail after 14 months of detention, faced allegations of involvement in a complex money laundering scheme,...

  4. 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...

  5. Maintainability of writ petition - Money Laundering - The Court evaluated the contention that the applicants had engaged in dilatory tactics. It concluded that the...

  6. 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...

  7. 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...

  8. Money Laundering - Seeking grant of bail - Practicing chartered accountant (CA) - allegation of assisting the co-accused to convert the tainted money into untainted...

  9. The Delhi High Court considered a bail application in a money laundering case involving a predicate offence. The delay in trial was a key issue. The court emphasized...

  10. The court dismissed the third bail application filed u/s 439 of the Code of Criminal Procedure, 1973, in a case involving money laundering and illegal extortion on coal...

  11. The Court observed that Article 21 of the Constitution guarantees the right to personal liberty, and bail is the rule while jail is an exception. However, considering...

  12. The applicant, a highly-educated 50-year-old Indian citizen with a business background and deep roots in society, sought regular bail in a money laundering case related...

  13. Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Money changing activities - Circular

  14. Grant of regular bail - Diversion of funds - Since the charge-sheet in the instant matter has already been filed, merely because ED is still further investigating the...

  15. The court rejected the bail application u/s 45 of the PMLA, finding reasonable grounds to believe the applicant was involved in money laundering related to proceeds from...

 

Quick Updates:Latest Updates