Wednesday, June 17, 2020

Amendment in Section 45(1) of PMLA doesn’t have effect of reviving twin conditions for Grant of Bail: Patna HC grants Anticipatory Bail [Read Order]

The High Court of Patna granted the anticipatory bail and held that the amendment in sub-Section (1) of Section 45 of the  Prevention of Money Laundering Act(PMLA), 2002 introduced after Supreme Court’s decision in case of Nikesh Tarachand Shah does not have the effect of reviving the twin conditions for grant of bail, which have […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3d7OITN

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