Interim stay upheld on state commission probing alleged framing of chief executive, preserves parallel PMLA criminal proceedings

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....A high court upheld a single-judge interim order staying a state notification that appointed a commission of inquiry into whether a federal investigatory agency sought to implicate the state's chief executive in a gold-smuggling matter. The bench dismissed the state's appeal, affirmed the stay, and noted the single judge will decide later whether the state had legislative competence to appoint the commission. The stay was grounded on preventing parallel proceedings and interference with ongoing criminal prosecutions under the Prevention of Money Laundering Act, and on the principle that a commission is a fact-finding, not adjudicatory, body.....