PMLA, 2002 is an interesting Act.
Often, matters reach Courts.
In an interesting proposition laid down in important Nikesh Tarachand Shah v Union of India [2017] GCtR 200 (SC), it has been commented at page 78 thus : -
"Section 45(1) of the Prevention of Money Laundering Act, 2002, insofar as it imposes two further conditions for release on bail, to be unconstitutional as it violates Articles 14 and 21 of the Constitution of India".
Written by
Vishal
Delhi
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