ED cannot invoke provisions of PML Act with retrospective effect: Karnataka HC [Read Judgment]

United Breweries

The Karnataka High Court earlier this week held that the Enforcement Directorate (ED) cannot retrospectively invoke provisions of the Prevention of Money Laundering Act, 2002.

A Bench of Chief Justice SK Mukherjee and RB Budihal on Monday allowed writ petitions challenging Enforcement Case Information Reports (ECIRs) issued by the ED in connection with alleged illegal mining.

It was alleged in the ECIRs that the first petitioner had acquired 17.59 lakh MT of iron ore by extracting . . .

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