SC To Announce Decision On Petitions Contesting Prevention Of Money Laundering Act

Supreme Court (SC) will rule on a group of petitions contesting key aspects of the Prevention of Money Laundering Act (PMLA) on July 26. The decision of SC panel comprising Justices AM Khanwilkar, Dinesh Maheshwari, and CT Ravi Kumar is expected to have repercussions for a large number of opposition members. On July 15, SC announced that its decision on the petitions challenging the provisions of PMLA is "almost ready."