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IBC to trump PMLA in case of corporate debtors, not wrongdoers: SC SECTIONS Share Synopsis In a ruling that will have a bearing on several high-profile insolvency cases, the Supreme Court has clarified that proceedings against a corporate debtor over money-laundering charges would end once a resolution plan is approved, but continue against wrongdoers in the erstwhile management. New Delhi: In a ruling that will have a bearing on several high-profile insolvency cases, the Supreme Court has clarified that proceedings against a corporate debtor over money-laundering charges would end once a re...

No Coercive Action Against 'Roshni Act' Beneficiaries For Now, Centre Tells Supreme Court; SC Asks J&K HC To Hear Review Petitions Share This - x The Solicitor General on Thursday told the Supreme Court that no coercive action will be taken for now against the beneficiaries under the 'Roshni Act', which has been declared as unconstitutional by the Jammu and Kashmir High Court in October.The submission was made before a bench headed by Justice N V Ramana during the hearing of petitions filed against the High Court verdict by persons... Your free access to Live Law has expired