HC grants bail in money laundering case involving alleged fund ...

Bail Granted in Money Laundering Case: Judicial Review Highlights Procedural Safeguards and Personal Liberty Protections Under PMLA Section 45

May 10, 2025

Case Laws Money Laundering HC

HC grants bail in money laundering case involving alleged fund misappropriation. The court found that twin conditions under PMLA Section 45 do not preclude bail, considering prolonged judicial custody, absence of direct evidence linking applicant to proceeds of crime, and unlikely near-term trial completion. The arrest was deemed procedurally defective due to lack of written grounds. Bail granted subject to standard conditions, with court emphasizing the applicant's right to personal liberty under Article 21, notwithstanding ongoing investigation and complex financial fraud allegations.

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HC grants bail in money laundering case involving alleged fund ...

Bail Granted in Money Laundering Case: Judicial Review Highlights Procedural Safeguards and Personal Liberty Protections Under PMLA Section 45

May 10, 2025

Case Laws Money Laundering HC

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