Chandigarh, Aug. 18 -- The Punjab and Haryana high court has asserted that no exhaustive guidelines can be laid down for parameters to consider bail of an accused in money laundering cases.

"The rigour(s) of Section 45 of the PMLA pale into oblivion when regular bail is sought on account of long incarceration in view of Article 21 of the Constitution of India, i.e., where the bail applicant has suffered prolonged pre-trial custody, the trial is procrastinating and folly thereof is not attributable to such bail-applicant," the bench of justice Sumeet Goel said while granting bail to a Gurugram realtor.

Section 45 of the Prevention of Money Laundering Act (PMLA) mandates that the public prosecutor be given an opportunity to oppose the bai...