No Moratorium Cover for Tainted Assets: NCLAT on the Limits of ED's Power Under PMLA

No Moratorium Cover for Tainted Assets: NCLAT on the Limits of ED’s Power Under PMLA

Introduction The National Company Law Appellate Tribunal (NCLAT) has delivered a clear verdict on the interplay between insolvency law and anti-money laundering enforcement. In the case Value Wise Consultancy Private Limited v. Deputy Director, Directorate of Enforcement & Ors. (Company Appeal (AT) (Ins) Nos. 1226 & 1227 of 2022), the Tribunal ruled on a question […]

No Moratorium Cover for Tainted Assets: NCLAT on the Limits of ED’s Power Under PMLA Read More »