Overview
- Continuing an interim order first granted in May, the bench restrained the ED from taking coercive steps such as searches, seizures or further investigation against TASMAC.
- The court asked whether the ED’s investigation encroaches on the state’s right to probe, referencing Section 66(2) of the PMLA on sharing information with state agencies.
- TASMAC and Tamil Nadu argued the ED raided the corporation’s headquarters without supplying the ECIR and raised privacy concerns over seizure and data extraction from officials’ phones.
- The ED, represented by the Additional Solicitor General, said it uncovered incriminating material tied to large‑scale irregularities and alleged the state closed 37 FIRs to undercut the money‑laundering case.
- The Supreme Court said TASMAC’s appeals will be heard after it decides review petitions challenging aspects of the 2022 Vijay Madanlal Choudhary judgment, which upheld non‑supply of the ECIR.