Singhvi: Second thing, sometimes, when you are... ... PMLA Judgment Reconsideration : Live Updates From Supreme Court [Day 2]
Singhvi: Second thing, sometimes, when you are released on bail in the predicate offence, you are arrested under PMLA the very next day. Can you circumvent default bail threshold like this? By extending it indefinitely by a new offence.
Singhvi: ...Two offences, two bail provisions, two arrests, two continuations of arrest.
SG Mehta (interjecting): We had answered this. Piracy, for example....
Khanna J: Mr Mehta, piracy generated money may be more. But threshold is one crore. There's a difficulty in that. Second, sometimes generation of money is an original crime, for example S 420.
Update: 2023-11-23 08:58 GMT