Money laundering is something as engaging “proceeds of crime” in any matter projecting as untainted money. The Supreme Court’s ruling upholding all the contentious provisions of the Prevention of Money Laundering Act tumbles short of judicial standards of reviewing legislative action. The provisions of the PMLA must stand the test of due process under Article 21;Section 50 of the PMLA …
The Prevention of Money Laundering Act, 2002, which came into effect from July 1, 2005, has often been criticised as tool of harassment used by the central government against Opposition leaders, more so during the reign of the Prime Minister Narendra Modi-led BJP government since 2014. Several politicians, including Congress leader Karti Chidambaram and former Jammu and Kashmir chief minister …
The Delhi High Court on Thursday sought the response of the Enforcement Directorate to the plea made by Deepak Kochhar in the ICICI-Videocon case under the Prevention of Money Laundering Act. A plea filed by him before the Delhi High Court seeking to be shifted to a private hospital at his own expense was declined to be entertained by Hon'ble …
