In a landmark judgment, the Supreme Court has provided comprehensive guidance on the bail conditions under the PMLA. The Court has reiterated the importance of the “twin test” for granting bail under Section 45 of the PMLA, which requires the court to consider whether there are reasonable grounds to believe that the accused has not committed the offense and whether the accused is likely to commit any offense while on bail.
This judgment has significant implications for the bail process under the PMLA, as it clarifies the stringent conditions that must be met for bail to be granted. The Court’s ruling will help ensure that the PMLA’s objectives are upheld while also protecting the rights of accused individuals.