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        Money Laundering

        2018 (2) TMI 310 - SC - Money Laundering

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        Supreme Court Strikes Down PMLA Section, Emphasizes Personal Liberty The Supreme Court declared Section 45(1) of the Prevention of Money Laundering Act, 2002 unconstitutional as it violated Articles 14 and 21 of the ...
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                          Supreme Court Strikes Down PMLA Section, Emphasizes Personal Liberty

                          The Supreme Court declared Section 45(1) of the Prevention of Money Laundering Act, 2002 unconstitutional as it violated Articles 14 and 21 of the Constitution of India. All orders denying bail based on these conditions were set aside, and cases were remanded for fresh consideration without applying the twin conditions of Section 45. This decision aimed to expedite the process, emphasizing personal liberty. The Court directed all relevant cases to be reconsidered without the unconstitutional provisions, ensuring a fair process and upholding fundamental rights. The specific case under review was disposed of accordingly, aligning with the broader decision to safeguard individual liberties in bail matters.




                          Issues:
                          Challenge to constitutionality of Section 45(1) of the Prevention of Money Laundering Act, 2002 regarding bail conditions.

                          Analysis:
                          The Supreme Court, in a judgment delivered by J. Chelameswar and Sanjay Kishan Kaul, JJ., addressed the constitutional validity of Section 45(1) of the Prevention of Money Laundering Act, 2002, pertaining to bail conditions. The Court declared that the provision imposing additional conditions for bail to be unconstitutional as it violated Articles 14 and 21 of the Constitution of India. The Court set aside all orders where bail was denied due to these conditions and remanded the cases back to the respective Courts for fresh consideration without applying the twin conditions of Section 45. This decision aimed to expedite the process, emphasizing the importance of personal liberty and the need to promptly review cases where individuals were detained due to these conditions.

                          The judgment specifically highlighted the urgency in addressing cases where individuals were incarcerated due to the twin conditions of Section 45, stressing the importance of personal liberty and the need for a swift resolution. The Court directed all matters where bail was previously denied based on these conditions to be reconsidered without the application of the unconstitutional provisions. This directive aimed to ensure a fair and just process for individuals affected by the unconstitutional bail conditions, emphasizing the fundamental rights enshrined in the Constitution.

                          In light of the aforementioned ruling, the Court concluded that the present matter under consideration was also subject to the same principles and required to be sent back for review in accordance with the directions provided in the judgment. The appeal in question was disposed of accordingly, aligning with the broader decision to uphold constitutional principles and safeguard individual liberties in matters related to bail conditions under the Prevention of Money Laundering Act, 2002.
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