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Anuj Berry, Partner, Trilegal On Supreme Court's PMLA Judgement

"The judgment provides much-needed clarity on prosecution under the PMLA by linking it to the principal criminal activity which led to the initiation of prosecution under the PMLA. The judgment clarifies that if the principal criminal case falls, there can be no prosecution for money laundering. However, should there be arrests made in the course of the investigations, securing bail would be an uphill task, as the Supreme Court has upheld the re-instatement of the stringent tests to secure bail provided for under the PMLA.