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).
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'.