Supreme Court to Hear ED Raids on I-PAC in Bengal
Why in News
The Supreme Court will conduct its next hearing on May 22 regarding the Enforcement Directorate's raids on I-PAC in West Bengal. This involves the jurisdiction and powers of central investigative agencies.
Background
This case involves the powers and jurisdiction of central investigative agencies like ED, often raising questions about federalism and political interference. It highlights the Supreme Court's role in adjudicating such disputes.
Key Facts
- 1Supreme Court of India: Established under Art. 124 of the Constitution | Apex judicial body.
- 2Enforcement Directorate (ED): Statutory body under Department of Revenue, Ministry of Finance.
- 3Prevention of Money Laundering Act (PMLA), 2002: Empowers ED to investigate money laundering offenses.
- 4Foreign Exchange Management Act (FEMA), 1999: Empowers ED to investigate foreign exchange violations.
- 5Directorate of Enforcement: HQ in New Delhi | Zonal offices across India.
Exam Angle
The ongoing legal proceedings concerning central agency raids underscore the constitutional debate on federalism and the extent of investigative powers, necessitating judicial clarity on the balance between state autonomy and central enforcement.
PYQ Connection
PRELIMS_FACT: Powers of ED, PMLA, FEMA.
Map Points