Parvinder Singh Khurana vs Directorate Of Enforcement

The Supreme Court addressed the authority of High Courts and Sessions Courts to issue interim stay orders on bail grants pending cancellation applications under Section 439(2) of the Code of Criminal Procedure, 1973. The Court held that such interim orders are permissible, emphasizing the need for judicial discretion in balancing the rights of the accused and the interests of justice. The Court ultimately upheld the stay order issued by the Delhi High Court, allowing the cancellation proceedings to continue.