Tax - Bail granted under PMLA after two-and-a-half years' detention for trial delay; Rs 100,000 bond and conditions

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Bail granted under PMLA after two-and-a-half years' detention for trial delay; Rs 100,000 bond and conditions

The HC allowed the accused's bail application under the PMLA, finding trial delay and prolonged incarceration (~2½ years) satisfied the twin conditions for bail consideration. The accused is released on furnishing a bail bond of Rs.100,000 with two sureties of like amount each to the satisfaction of the learned Special Judge, PMLA, Ranchi, in ECIR Case No.01 of 2023. Conditions: accused shall not tamper with evidence or threaten witnesses and must attend all court hearings unless legitimately exempted by the trial court. The court noted comparable co-accused had been granted bail and consequently found no countervailing reason to deny relief.


Categories: PMLA, Highlights, TaxLaws, TaxTMI
Source: https://www.taxtmi.com/highlights?id=92757 Sep 23, 2025, 09:35 AM