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Why in the news? The Supreme Court criticized the ED for misinterpreting PMLA’s bail provisions, emphasizing uniform application of exceptions for women, minors, and sick individuals during a bail plea hearing for an accused in a money laundering case. SC Criticizes ED’s Interpretation of Bail Provisions under PMLA: The Supreme Court (SC) criticized the Enforcement …
Read MoreWhy in the news? The Supreme Court ruling limits the Enforcement Directorate’s (ED) power to arrest under the PMLA, impacting bail conditions for accused individuals. The judgement clarifies the procedural requirements for ED’s custody applications and future investigations. source:Livelaw About Enforcement Directorate (ED): Role: Domestic law enforcement and economic intelligence agency. Objective: Enforce economic laws …
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