Applicant arrested in a money-laundering case involving a sum less than Rs. 1 crore was to be released on bail: HC

FEMA amp; BANKING : Where complicity of applicant in offence with regard to gaining of an amount by defrauding Government was established but since money laundering sum was less than Rs. 1 crore, in view of proviso to section 45 of PMLA applicant who was arrested for offence of money laundering was to be released on bail

from www.taxmann.com Latest Case Laws https://ift.tt/3kqXxOt