NCLAT: ED Cannot Keep Attached Assets After Resolution Plan Approval - 16.10.2025

NCLAT held that asset attachments by the Enforcement Directorate under Prevention of Money Laundering Act (PMLA) cease once a resolution plan is approved under the Insolvency and Bankruptcy Code (IBC) meaning ED cannot retain attached assets after such approval ensuring smooth insolvency resolution.

Tags : Enforcement Directorate Prevention of Money Laundering Act Insolvency and Bankruptcy Code

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