The Karnataka High Court has declined to cancel the bail of a woman accused in a ₹7.17 crores money laundering case, invoking Section 45(1) PMLA exemption for women.
Karnataka High Court Reinforces Bail Provisions for Women under PMLA
In a recent judgement, the Karnataka High Court ruled against the cancellation of bail for a woman accused in a significant money laundering case amounting to ₹7.17 crores. The court highlighted that the proviso to Section 45(1) of the Prevention of Money Laundering Act (PMLA) allows for bail release for women without adherence to the twin conditions typically applicable under the Act.
This interpretation solidifies the categorical exception provided for women in similar scenarios, emphasizing that the exemption is not limited to victims classified as
