Published Paper Details:

One of the main legislations of law supporting India's efforts to stop illegal financial transactions is the Prevention of Money Laundering Act. Sections 24 and 45, two crucial clauses, have drawn a lot of attention because of their implications for procedural justice and the efficacy of regulations. In-depth analysis of the constitutionality, practical implications, and conformity to international norms of Sections 24 and 45 of the PMLA are done in this research paper. The paper assesses the judicial interpretations, practical ramifications, and evolution of jurisprudence of these rules using an interdisciplinary lens that includes legal, business, and regulatory viewpoints. The study provides insights into the complex interactions between evidential burdens, bail terms, and the overriding goals of preventing money laundering while preserving individual rights and financial integrity. It does this by drawing on landmark case law, legislative changes, and academic discourse. This research contributes to a greater knowledge of the regulatory landscape and enriches ongoing discussions about the effectiveness and equity of anti-money laundering measures in India by clarifying the intricacies and ramifications of Sections 24 and 45.