ED’s special powers will undergo another round of judicial evaluation.

Supreme Court to Review Constitutional Validity of Money Laundering Act Provisions

New Delhi.

The Supreme Court announced on Tuesday that it will review its 2022 decision regarding the restoration of the constitutional validity of certain provisions of the Prevention of Money Laundering Act. To carry out this review, the apex court has formed a special bench.

In July 2022, the Supreme Court had reinstated the provisions granting powers to the Enforcement Directorate for arrest, attachment, search, seizure, and fulfillment of two bail conditions in money laundering cases.

A special bench comprising Justices Sanjay Kishan Kaul, Sanjeev Khanna, and Bela M. Trivedi will hear the review petitions filed against the July 2022 decision in the case of Vijay Madanlal Chaudhary vs. Government of India. Justice Kaul informed about the formation of this special bench during the hearing of a case related to the Enforcement Directorate.

Summary:

• The Supreme Court will review its decision to restore the constitutional validity of certain provisions of the Prevention of Money Laundering Act.
• A special bench has been formed to conduct the review.
• The review petitions will be heard from October 18.
• The case in question is Vijay Madanlal Chaudhary vs. Government of India.
• The 2022 decision had reinstated the powers of the Enforcement Directorate in money laundering cases.