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.