Senior Advocate Trideep Pais said, "UAPA, POTA, PMLA are distrust of judiciary. These are enacted so that your (judiciary) hands are tied. This is a joke. No accused should be held in this FIR. This is a cooked-up FIR."
The Delhi High Court will continue on Friday its hearing on petition by former Chief Minister of Jammu and Kashmir Mehbooba Mufti, challenging the constitutional validity of the Prevention of Money Laundering Act (PMLA), 2002.
The petition has been filed by employees of Standard Chartered Bank who left the said bank in 2020 and 2014 respectively alleging that the Special Court under PMLA cannot try offences triable by Courts designated under the Code of Criminal Procedure.
The plea filed by Mufti also challenged the vires of Section 50 of the PMLA, which empowers ED officers to summon any person to give evidence or produce records.
A three-judge bench of Justices NV Ramana, Surya Kant & Aniruddha Bose has disposed off the plea today while appreciating the efforts of the petitioner Kirti Ahuja who appeared and argued the matter in person through Video Conferencing.
Bombay High Court has dismissed the bail plea filed by gangster Iqbal Mirchi’s close aide Humayun Merchant, currently lodged in Taloja Prison, for serious economic offences, bank scam & offences under PMLA & said application for bail as of necessity has to be considered on its own merits