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 federal overreach, wondering if the ED's actions were encroaching on the state's investigative powers.
- A bench comprising Chief Justice of India (CJI) BR Gavai and Justice K Vinod Chandran oversaw the case.
- The next hearing will be held after the court delivers its verdict on review petitions challenging its 2022 judgment in Vijay Madanlal Choudhary vs Union of India.
- The petitions challenge several provisions of the Prevention of Money Laundering Act (PMLA).
No specific quotes were mentioned in the article.
Author's summary: SC extends stay on ED probe into Tasmac case.
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