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The Nexus
BUSINESSJul 3 · 09:36 UTCTHE HINDU NATIONAL

Can the ED attach a company’s assets after it enters insolvency? | Explained

The National Company Law Appellate Tribunal is addressing a legal question on whether the protection under the Insolvency and Bankruptcy Code (IBC) moratorium applies to assets subject to simultaneous proceedings under the Prevention of Money Laundering Act (PMLA). The issue involves whether the Enforcement Directorate (ED) can attach a company's assets post-insolvency.

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