Deeply apprehensive of…': Oppn on Supreme Court upholding stringent provisions of Money Laundering Act

In a joint statement, as many as 17 opposition parties and independent MP Kapil Sibal expressed disappointment with the Supreme Court's July 27 judgment upholding the constitutional validity of the stringent provisions of the Prevention of Money Laundering Act (PMLA).

Underlining that the signatories hold, and will always hold the top court in the highest respect, the statement said that the three-judge bench which delivered the judgment should've waited for the verdict of a larger bench for examining the constitutional validity of the Finance Act route to make amendments to the challenged provisions of the PMLA.