Q.2 What are the issues with the various provisions of the Prevention of Money Laundering Act 2002? Suggest the way forward. (10 Marks)

Mentor’s comment-
  • https://www.thehindu.com/opinion/lead/the-pmla-verdict-overlooks-constitutional-safeguards/article65707726.ece
  • In the intro, mention the recent ruling of the Supreme Court upholding the Act.
  • In the body, mention issues such as vague definition of the terms, stringent conditions for granting bail, use of money bill route for enacting law, disproportionality in punishment, misuse for settling political scores etc. In the way forward mention amendment to remove the vague definition, receiving the conditions for bail etc.
  • Conclude by mentioning the need for satisfying the test of proportionality in enacting the laws.
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Saradha Sekar
Saradha Sekar
9 days ago

Kindly Review this answer Mam/Sir :
Time Taken : 12 min

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Apurva Bomble
Apurva Bomble
9 days ago

Gs2

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believing is seeing
believing is seeing
5 days ago

JmQPOijgofaERD

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