Will the power of ED be reduced? The Supreme Court is set to hear its verdict again today

A three-judge special bench of the Supreme Court will today hear petitions seeking a review of its July 27, 2022 judgment upholding the constitutional validity of the Prevention of Money Laundering Act, 2002. It contains provisions dealing with the powers of the Enforcement Directorate (ED) in relation to arrest, search, seizure and forfeiture in money laundering offences. The Supreme Court today is hearing a review petition regarding the maintenance of provisions of the PMLA Act. The hearing will be conducted by Justices Surya Kanth, Justices CT Ravikumar and Ujjwal Bhuyan. A special session of the Supreme Court is hearing the case at 2 pm. In 2022, the provisions of the PMLA Act were challenged, but in the end, the Supreme Court dismissed the petitions and upheld the provisions of the PMLA Act. Petition filed by Congress leader Karti Chidambaram: In March this year, the Supreme Court adjourned the hearing of the petitions challenging the verdict to July. In fact, Congress leader Karti Chidambaram and others have filed a review petition. The Supreme Court has also sent notice to his petition. The court also allowed the petition seeking to hear the review petition in open court. ED's power of arrest 2022 On July 27, a bench headed by Justice AM Kanwilkar of the Supreme Court upheld the constitutional validity of all provisions of the Prevention of Money Laundering Act, 2002. A bench of Justices Dinesh Maheshwari and CD Ravikumar, however, said that a larger bench would consider the challenge to the passage of amendments to the Act as a Money Bill in 2019. More than 200 petitions were filed challenging the provisions of the Act. It was argued in court that the Enforcement Directorate's powers to arrest, compel confessions and seize assets are unfettered.

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