NCLT strikes down attachment order passed under PMLA for a company under CIRP

NCLT strikes down attachment order passed under PMLA for a company under CIRP
Published on
3 min read

The NCLT Mumbai Bench has held that provisions of the Insolvency and Bankruptcy Code (IBC) will prevail over attachments ordered under provisions of the Prevention of Money Laundering Act (PMLA), 2002.

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com