Overview

• A division bench of Justices M. S. Ramesh and V. Laksminarayanan granted an interim stay on all Enforcement Directorate proceedings against the film producer and businessman.
• The judges ruled that the ED’s search and seizure operations conducted on May 15 and 16 were “wholly without authority or jurisdiction.”
• A review of sealed ED records found no incriminating evidence linking the petitioners to the alleged ₹1,000 crore TASMAC money laundering scheme.
• The court ordered the return of laptops, external hard drives, mobile phones and lease rental deeds seized from their residences and office.
• The bench refused to hold the stay in abeyance for an appeal, instructing that the order be issued immediately.