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2021 (7) TMI 1293 - KARNATAKA HIGH COURTSeeking direction to Enforcement Directorate to release the interest and income accrued and receivable on the attached assets of the company - HELD THAT:- Shri Dhyan Chinnappa submitted that the background of the case before the Delhi High Court is, Devas had filed an application for release of seized amount and the same was rejected. The said order was challenged before the Delhi High Court. The Delhi High Court has stayed the proceedings before the adjudicating authority. Therefore, the said case has no bearing insofar as present writ petition is concerned. He is right in this submission. In the circumstance, it would be appropriate to direct first respondent to release the interest and income accrued on the attached sum of Devas. Petition allowed.
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