PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
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Insolvency and BankruptcyApril 13, 2020Case LawsTri
Resolution Professional us/s 60(5) r/w 14 seeking release of goods - CIRP already initiated - the Corporate Debtor not being the consignee nor the importer of the goods it has ownership rights, it has to be construed that it has acted as an agent on behalf of the importer, therefore, this Applicant has no right to ask for release of the consignment. - Tri
Resolution Professional us/s 60(5) r/w 14 seeking release of goods - CIRP already initiated - the Corporate Debtor not being the consignee nor the importer of the goods it has ownership rights, it has to be construed that it has acted as an agent on behalf of the importer, therefore, this Applicant has no right to ask for release of the consignment. - Tri
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