National Company Law Tribunal not empowered to hear matters falling under PMLA: NCLT Kolkata Bench

A Bench of Judicial Member Rohit Kapoor and Technical Member Harish Chander Suri were hearing a plea seeking to quash a provisional attachment order under the Prevention of Money Laundering Act.
National Company Law Tribunal not empowered to hear matters falling under PMLA: NCLT Kolkata Bench
NCLT

The Kolkata Bench of National Company Law Tribunal (NCLT) recently reiterated that the NCLT is not empowered to hear money laundering cases as per an order of the National Company Law Appellate Tribunal [Rahul Carbon Commercials Private Limited vs Kohinoor Steel Private Limited].

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