Published 2 years ago

SC upholds Enforcement Directorate's power to arrest under PMLA

Summary by Ground News

The Supreme Court on Wednesday backed the Enforcement Directorate's powers under the Prevention of Money Laundering Act. Upholding the validity of some provisions of the PMLA, a bench headed by Justice A M Khanwilkar also said Section 5 of the Act relating to the attachment of property of those involved in money laundering is constitutionally valid. The top court delivered its verdict on a batch of petitions on the interpretation of certain provisions of PMLA.

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Hindustan Times

Supreme Court upholds power of ED to arrest under PMLA

A bench, headed by justice AM Khanwilkar, rejected a slew of challenges to the spectrum of issues pertaining to the rigorous provisions enunciated under PMLA

2 years ago·New Delhi, India

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Indian Express

Supreme Court upholds PMLA, says presuming innocence can be reversed by law

The Court added that it is not compulsory to supply an Enforcement Case Information Report (ECIR) to the accused and that it cannot be equated to a First Information Report (FIR).

2 years ago·India

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India Today

Supreme Court upholds ED's power to arrest in money laundering cases

The Supreme Court has affirmed the Enforcement Directorate’s power to arrest and summon people under the Prevention of Money Laundering (PMLA) Act.

2 years ago·India

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Live Mint

SC upholds Enforcement Directorate's power to arrest under PMLA

Rejecting challenges to the constitutional validity of two sections under the PMLA, the top court said that the ED should put more information in the public domain.

2 years ago·New Delhi, India

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Latestly

PMLA Act Verdict: Supreme Court Backs ED Powers Under PMLA, Says 'Power to Arrest Not Arbitrary' | 📰 LatestLY

"Section 5 is constitutionally valid. It provides for a balancing arrangement to secure the interest of the person as also ensures that proceeds of crime remain available to be dealt with in the manner provided under the Act," the bench said while pronouncing the verdict. 📰 PMLA Act Verdict: Supreme Court Backs ED Powers Under PMLA, Says 'Power to Arrest Not Arbitrary'.

2 years ago

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