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Insolvency law cannot override PMLA, ED attachment to stay, says NCLAT
Insolvency & Bankruptcy Code cannot override the Prevention of Money Laundering Act (PMLA), said appellate tribunal NCLAT, ...
Insolvency law cannot override PMLA, says NCLAT; upholds asset attachment by ED
New Delhi, Jul 6 (PTI) Insolvency & Bankruptcy Code cannot override the Prevention of Money Laundering Act (PMLA), said appellate tribunal NCLAT, adding assets of an debt-ridden firm once attached by ...
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NCLAT: Insolvency Law Can't Override PMLA
NCLAT rules insolvency law cannot override PMLA, upholding ED's asset attachment. The decision impacts asset resolution in ...