Bail granted in money laundering case involving disproportionate ...

Money Laundering Case: Bail Granted for Disproportionate Assets Amid Pending Probe, Lack of Chargesheet.

Case Laws Money Laundering

October 11, 2024

Bail granted in money laundering case involving disproportionate assets due to absence of chargesheet in predicate offence and satisfaction of twin test u/s 45 of PMLA. Investigation in predicate offence pending, proceeds of crime indeterminate. Applicant made out prima facie case on merits and period of incarceration favored bail grant. Conditions imposed for release on bail.

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Bail granted in money laundering case involving disproportionate ...

Money Laundering Case: Bail Granted for Disproportionate Assets Amid Pending Probe, Lack of Chargesheet.

Case Laws Money Laundering

October 11, 2024

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