Anticipatory Bail under the Prevention of Money Laundering

Under the Prevention of Money Laundering (PMLA) Act of 2002 if a person is indulged in the offence of Money Laundering

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Anticipatory Bail under the Prevention of Money Laundering

Under the Prevention of Money Laundering (PMLA) Act of 2002 if a person is indulged in the offence of Money Laundering i.e. the transformation of financial gain of various crimes into legitimate assets and other financial assets, he/she can be presumed guilty of offences under PMLA and if held guilty, be punished accordingly.