💨 Abstract

The Bombay High Court granted bail to a 72-year-old man accused of bank fraud under the Prevention of Money Laundering Act (PMLA). The court ruled that stringent PMLA conditions cannot override the fundamental right to liberty under Article 21 of the Indian Constitution. The trial was delayed, and the man was suffering from cancer. Courts are expected to balance legislative policy and the rights of the accused.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖