2023 (7) TMI 1299

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....l Counsel, Mr. Zoheb Hussain, Special Counsel for ED, Mr. Annam Venkatesh, Mr. Ankit Bhatia, Ms. Madhumitha Kesavan, Mr. Hitarth Raja, Mr. Vivek Gurnani, Mr. Kavish Garach, Ms. Manisha Dubey, Advocates, Mr. G.N. Ghosh, Deputy Legal Advisor, Mr. Gaurav Saini, Assistant Legal Advisor. *** Replies in both the petitions have been already been filed by the respondents. Advance copies have also already been supplied. The petitioners have filed CM No.11512 of 2023 in CWP No.14536 of 2023 and CM No.11513 of 2023 in CWP No.14539 of 2023 making prayer for placing rejoinders to the replies filed by respondents No.2 and 3 on record and seeking exemption from filing certified copies of Annexure P-22 and Annexure P-23 respectively. The applications i.....

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.... of Section 19 and several other sections of PMLA and had finally observed as under:- 467. In light of the above analysis, we now proceed to summarize our conclusion on seminal points in issue in the following terms: - (i) The question as to whether some of the amendments to the Prevention of Money-laundering Act, 2002 could not have been enacted by the Parliament by way of a Finance Act has not been examined in this judgment. The same is left open for being examined along with or after the decision of the Larger Bench (seven Judges) of this Court in the case of Rojer Mathew705. (ii) to (ix) xxx xxx xxx (x) The challenge to the constitutional validity of Section 19 of the 2002 Act is also rejected. There are stringent safeguards ....