ED Is Not A “Super Cop” Or “Loitering Munition”To Investigate Everything Coming To Its Notice : Madras High Court

The Madras High Court has reiterated that the "ED (Enforcement Directorate) is not a super cop to investigate everything" and can only initiate action upon a predicate offense and proceeds of crime. The court stressed that the ED's jurisdiction is not unfettered; it must be tethered to specific criminal activity that falls under the Schedule of the Prevention of Money Laundering Act (PMLA) and must involve "proceeds of crime." This ruling limits the scope of the ED's investigative powers, ensuring it acts within its statutory mandate and doesn't conduct roving inquiries.