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ED Cannot Attach Corporate Debtor's Properties under PMLA Once Liquidation Order Is Passed, Rules NCLT

In an important judgement, the Jaipur bench of the National Company Law Tribunal (NCLT) ruled that once an order is passed for liquidation or a corporate debtor, the enforcement directorate (ED) cannot attach the company properties under the PMLA (Prevention of Money Laundering Act).
Chandra Joshi Satyendra Khorania Prasanta Kumar Mohanty Pankaj Mahajan Rajiv Chakraborty National Company Law Tribunal

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