Bombay High Court Maintains PMLA’s Validity After Repeal of IPC
In a landmark judgment, the Bombay High Court ruled that Bharatiya Nyaya Sanhita (BNS), 2023 offences are valid predicate offences under the Prevention of Money Laundering Act (PMLA) despite the Indian Penal Code (IPC) having been repealed. The Court embraced a dynamic approach towards interpretation to ensure continuity in law and rejected a ₹100 crore money laundering case bail.