Home Case Index All Cases Money Laundering Money Laundering + HC Money Laundering - 2022 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (11) TMI 1326 - ALLAHABAD HIGH COURTSeeking bail in anticipation of arrest of the accused-applicants - Money Laundering - proceeds of crime - economic offences - Applicability of Section 45 of the PMLA, 2022 - HELD THAT:- It is well settled that anticipatory bail should be granted only in exceptional circumstances, where the Court is prima facie of the view that the applicant has falsely been en-roped in the crime and would not misuse his liberty. Power under Section 438 Cr.P.C. is an extraordinary power and the same is to be exercised sparingly. Economic offences stand as a different class as they affect the economic fabric of the society. Economic offences constitute a class apart and need to be visited with different approach in the matter of bail. Considering the rigour of Section 45 of the PMLA, 2022 and the contents of the complaint, this Court is of the view that the accused-applicants are not entitled to be enlarged on anticipatory bail - all the anticipatory bail applications are rejected.
|