Current Affairs - Bills and Acts - Discussion

The Prevention of Money Laundering Act (PMLA) was enacted in 2002 to prevent and control money laundering in India. Recently, the Supreme Court of India issued a ruling against the misuse of PMLA, emphasizing fairness and protection of legal rights in anti-money laundering measures. The court stated that PMLA should not be used for unjust prolonged detention and reinforced that bail is the rule, while jail is the exception. This ruling aims to balance harsh bail provisions under special laws with constitutional rights, ensuring speedy trials and protecting personal liberty under Article 21 of the Indian Constitution.