In a big judgment, the Supreme Court has upheld the validity of various provisions of the Prevention of Money Laundering Act, 2002 by holding that all the provisions are reasonable and have a direct nexus with the object of the PMLA i.e. to combat the menace of money-laundering.
While the judgment runs into 545 pages, the most comprehensive pointwise breakdown of the verdict can be found on the SCC Online Blog: [ Ссылка ]
Bench: AM Khanwilkar, Dinesh Maheshwari and CT Ravikumar, JJ
Case Analysis by Prachi Bhardwaj
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