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SC to decide in April on revisiting 2022 verdict upholding ED’s PMLA powers

NEW DELHI: The Supreme Court on Thursday said it would in April decide if its 2022 verdict upholding the Enforcement Directorate's powers to arrest and attach property under the Prevention of Money Laundering Act needs reconsideration. The top court was hearing a batch of pleas seeking reconsideration of the July 27, 2022, verdict of a three-judge bench on certain parameters. On July 27, 2022, the top court upheld the ED's powers of arrest and attachment of property involved in money laundering, search and seizure under the Prevention of Money Laundering Act. In August 2022, the top court agreed to hear a plea seeking a review of its July 2022 verdict and observed that two aspects—not providing an Enforcement Case Information Report and reversal of the presumption of innocence—"prima facie" required reconsideration.

New Indian Express

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