Can ED issue provisional attachment order under PMLA when moratorium under IBC is in force? Supreme Court to consider

In case of conflict, provisions of the Insolvency & Bankruptcy Code (IBC) would prevail over the Prevention of Money Laundering Act (PMLA), the petitioner argued.
CJI UU Lalit and Justice Bela M Trivedi
CJI UU Lalit and Justice Bela M Trivedi

The Supreme Court last week sought a response from the Enforcement Directorate (ED) in a petition challenging an order of the National Company Law Appellate Tribunal (NCLAT) stating that the NCLT was not empowered to deal with matters falling under the Prevention of Money Laundering (PMLA) Act [Ashok Kumar Sarawagi v. ED].

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