India, Feb. 24 -- The Bombay High Court has quashed the Enforcement Directorate's (ED) money laundering case against lawyer Kishor Devani, a close associate of former Maharashtra Home Minister Anil Deshmukh, granting him major relief in the high-profile investigation.

In its order, a single-judge bench of Justice Ashwin Bhobe set aside the criminal proceedings initiated by the ED as well as the process issued against Devani under the Prevention of Money Laundering Act (PMLA). Devani had been accused of assisting Deshmukh and his family in laundering alleged illegal collections amounting to nearly Rs 100 crore per month from Mumbai bar owners.

The ED had alleged that Devani had been a director of M/s Premier Port Links Private Limited si...