PMLA Accused Who Has Spent Half Of Maximum Sentence As Undertial Can Be Given Bail Under S.436A CrPC : Supreme Court

The Supreme Court has reiterated that the benefit of Section 436A of the Code of Criminal Procedure is applicable even to an accused under the Prevention of Money Laundering Act, 2002 (PMLA).As per Section 436A CrPC, a person who has spent one half of the maximum period of the prescribed sentence as an undertrial shall be released on bail. In this case, the accused would complete 31⁄2 years...