BNS Offences Can Qualify as Scheduled Offences Under PMLA After Repeal of IPC: Bombay High Court
In a landmark decision, the Bombay High Court has held that offences under the Bharatiya Nyaya Sanhita, 2023 (BNS), which replaced the Indian Penal Code, 1860, can be treated as “scheduled offences” under the Prevention of Money Laundering Act, 2002 (PMLA), despite the BNS not being explicitly listed in the PMLA's schedule. The ruling was passed by Justice Amit Borkar while rejecting a bail application in a high-profile money laundering…