Via ANI
NEW DELHI: The Ideal Courtroom of India is ready to ship its judgement on a batch of pleas difficult the quite a lot of provisions of the Prevention of Cash Laundering Act (PMLA) on Wednesday.
The order can be delivered by means of a bench headed by means of Justice AM Khanwilkar.
On July 15, the Ideal Courtroom mentioned that its judgement at the pleas difficult the provisions of the Prevention of Cash Laundering Act (PMLA) was once nearly able.
The highest court docket had previous reserved its order on a batch of petitions difficult sure provisions of the Prevention of Cash Laundering Act (PMLA). Distinguished names like Karti Chidambaram and previous Jammu and Kashmir Leader Minister Mehbooba Mufti have been some of the petitioners within the case.
Their petitions raised a couple of problems together with the absence of a process to begin investigation and summoning, whilst the accused was once now not made acutely aware of the contents of the Enforcement Case Data File (ECIR).
Mufti had challenged constitutional vires of segment 50, and any incidental provisions of the Prevention of Cash Laundering Act, 2002.
Segment 50 of the PMLA empowers the ‘authority’ i.e. officials of the Enforcement Directorate, to summon any individual to present proof or produce information. All individuals summoned are sure to respond to questions put to them, and to provide the paperwork as required by means of the ED officials, failing which they are able to be penalised below the PMLA.
On the other hand, the Centre had justified the constitutional validity of the provisions of PMLA.
NEW DELHI: The Ideal Courtroom of India is ready to ship its judgement on a batch of pleas difficult the quite a lot of provisions of the Prevention of Cash Laundering Act (PMLA) on Wednesday.
The order can be delivered by means of a bench headed by means of Justice AM Khanwilkar.
On July 15, the Ideal Courtroom mentioned that its judgement at the pleas difficult the provisions of the Prevention of Cash Laundering Act (PMLA) was once nearly able.
The highest court docket had previous reserved its order on a batch of petitions difficult sure provisions of the Prevention of Cash Laundering Act (PMLA). Distinguished names like Karti Chidambaram and previous Jammu and Kashmir Leader Minister Mehbooba Mufti have been some of the petitioners within the case.
Their petitions raised a couple of problems together with the absence of a process to begin investigation and summoning, whilst the accused was once now not made acutely aware of the contents of the Enforcement Case Data File (ECIR).
Mufti had challenged constitutional vires of segment 50, and any incidental provisions of the Prevention of Cash Laundering Act, 2002.
Segment 50 of the PMLA empowers the ‘authority’ i.e. officials of the Enforcement Directorate, to summon any individual to present proof or produce information. All individuals summoned are sure to respond to questions put to them, and to provide the paperwork as required by means of the ED officials, failing which they are able to be penalised below the PMLA.
On the other hand, the Centre had justified the constitutional validity of the provisions of PMLA.
