Bail application rejection for non-satisfying twin conditions u/s 45 of PMLA, 2002

Laxmikant Tiwari Vs Directorate of Enforcement (Chhattisgarh High Court) Chhattisgarh High Court held that bail application filed u/s. 439 of Cr.P.C. rejected as the applicant is unable to satisfy twin conditions for the grant of bail under Section 45 of the PMLA, 2002. Facts- This is first bail application filed u/s. 439 of the Code of Criminal Procedure, 1973 for grant of regular bail to the applicant in connection with Crime No. ECIR/RPZO/09/2022 registered at Police Station- Directorate of Enforcement, Zonal Office, Raipur (C.G.) for the offence punishable u/s. 3 & 4 of the Prevention ...