Madras High Court Dismisses Tamil Nadu Govt & TASMAC Pleas Against ED Raids, Alleging Rs 1,000 Crore Irregularities

The Madras High Court has dismissed the Tamil Nadu government and TASMAC’s pleas against Enforcement Directorate (ED) raids, which alleged financial irregularities and overpricing of liquor bottles amounting to around Rs 1,000 crore. TASMAC, the state-owned liquor retailing corporation, claimed harassment during the raids, while the ED refuted these allegations. The court’s decision marks a significant development in the ongoing legal battle between the two parties. The ED raids have been a point of contention, with both sides presenting their arguments before the court. This ruling is expected to have far-reaching implications on the case and could set a precedent for future legal proceedings. The ED’s investigation into the alleged financial misconduct has garnered significant attention, with stakeholders closely following the developments. The court’s decision to reject the petitions underscores the need for a thorough investigation into the matter. As the case continues to unfold, it remains to be seen how both the Tamil Nadu government and TASMAC will respond to the court’s ruling. The outcome of this legal battle could have implications for the state’s liquor retailing industry and set a precedent for similar cases in the future.

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