Tag: PMLA

Money Laundering Act Verdict To Be Reviewed By Supreme Court Tomorrow
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Money Laundering Act Verdict To Be Reviewed By Supreme Court Tomorrow

[ad_1] New Delhi: The stringent law against money laundering, which received a thumbs up from the Supreme Court recently, will be up for review again, with the top court agreeing to hear a petition that has challenged the judgment. The hearing will be held tomorrow.In a judgment last month, the court had upheld the Enforcement Directorate's extensive powers to search, seize and arrest, which were challenged in multiple petitions. The petitioners had argued that these powers were mostly misused, especially in cases where opposition leaders are involved.The 250-odd petitioners had also argued that handing an agency unchecked powers of arrest where the accused may not be informed about reason or evidence, is unconstitutional. They also contended that the use of statements in court recorded ...