Interim restraint on transfer of funds continued, with fresh de novo consideration directed before the Trial Court.

The Supreme Court clarified that the interim restraint on transfer of funds is mandatory, so the funds shall not be transferred to any other account, and continued that protection until the Trial Court decides the application. It also granted the parties liberty to raise all contentions before the Additional Chief Metropolitan Magistrate, directed fresh adjudication of the application de novo, and required the Trial Court to decide the matter expeditiously and independently, without being influenced by the High Court's observations.

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Outcome: The special leave petition was disposed of with liberty to the parties to raise all contentions before the trial court, and the interim clarification was directed to continue until disposal of the application.

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