The stay on bail comes as the ED challenged the trial court order terming it “perverse”, “one-sided” and “wrong-sided”. It also contended that adequate opportunity was not given to argue the case. The ED lawyers had also asked the trial court to keep its order in abeyance for 48 hours to enable them to approach superior courts which were not considered. In high court, the ED asked to stay the bail order on the ground that the trial court had failed to apply the ‘twin test’ for granting bail under Section 45 of PMLA.