VIBHU BAKHRU, J.

1. The petitioners are citizens of Saudi Arabia and have filed the present petition, inter alia, impugning the directions issued by officers of the respondent no. 1 (Enforcement Directorate) resulting in withholding of the proceeds of equity shares sold by the petitioners on the platform of respondent no.2 (Bombay Stock Exchange – hereafter “BSE”). The petitioners also impugn the order dated 22.03.2018 passed by the Enforcement Directorate prohibiting any debit transaction in the Demat Accounts (Account Nos. 1201910103642803 and 1201910103642797) maintained by the petitioners with respondent no.3 (hereafter “SMC”). The aforementioned Demat Accounts are maintained in the name of petitioner nos. 1 and 2 respectively and they hold 78,38,330 equity shares of M/s Khushi Ram Behari Lal Ltd. (hereafter “KRBL Ltd.”) in those Demat Accounts. Whilst the impugned order dated 22.03.2018 – a copy of which was handed over by learned counsel of the Enforcement Directorate during the course of hearing – indicates that 35,88,330 equity shares are held by petitioner no.