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SC defers hearing review petition challenging PMLA provisions to Sept 18

Business Standard LogoBusiness Standard12h ago

SC defers hearing review petition challenging PMLA provisions to Sept 18 - Business Standard

Quick Summary:

In the last hearing, the Supreme Court had recollected that earlier it has identified two issues which need prima facie consideration.

Their petitions raised multiple issues including the absence of a procedure to commence an investigation and summoning, while the accused was not made aware of the contents of the Enforcement Case Information Report (ECIR).

Earlier, Solicitor General Tushar Mehta opposed the revaluation of judgement and said the PMLA is not a standalone offence and PMLA is prepared by the legislature in conformity with the directions issued by the Financial Action Task Force (FATF).


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 15:58:46 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 556 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22365596

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 348 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

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Publisher ID: #49

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