SC Extends Stay on ED Probe in Tasmac Case
The Supreme Court extended its interim stay on the Enforcement Directorate's (ED) probe into alleged money laundering by the Tamil Nadu State Marketing Corporation (TASMAC) on October 14.
The court raised questions about the agency's actions encroaching on the state's investigative powers.
Next Hearing
A bench comprising Chief Justice of India (CJI) BR Gavai and Justice K Vinod Chandran said the case would next be heard after the court delivers its verdict on review petitions challenging its 2022 judgment in Vijay Madanlal Choudhary vs Union of India, against several provisions of the Prevention of Money Laundering Act (PMLA).
No federal agency can overstep state powers.
Author's summary: SC stays ED probe in Tasmac case.