Use PMLA Reasonably; Otherwise Act Will Lose Relevance : Supreme Court Tells Enforcement Directorate

Srishti Ojha

15 Dec 2021 12:41 PM IST

  • Use PMLA Reasonably; Otherwise Act Will Lose Relevance : Supreme Court Tells Enforcement Directorate

    The Supreme Court of India on Wednesday made strong remarks against the indiscriminate use of the Prevention of Money Laundering Act which according to the Bench will result in dilution of the Act. A Bench comprising Chief Justice of India NV Ramana, Justice AS Bopanna and Justice Hima Kohli made the observations while hearing two matters where the petitioners have been accused under...

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