DIRECTORATE OF ENFORCEMENT vs M/S ZO PRIVATE LIMITED — C.A. No. 8090/2026

Summary The Supreme Court set aside the High Court's discretionary order permitting M/S ZO Private Limited to withdraw funds from frozen bank accounts for employee salaries under the Prevention of Money Laundering Act, 2002. The Court held that after relegating the respondent to the Adjudicating Authority for statutory remedy, the High Court improperly exercised discretion. The Court directed the Adjudicating Authority to conclude proceedings in accordance with law, leaving all issues open for decision without High Court's observations influencing the outcome. This case analysis is maintained by casestatus.in based on publicly available court records.