Wilful defaulter restrictions limit credit, capital market access and bar participation in insolvency resolution processes.
Authorities and banks pursue recoveries through civil suits, Debts Recovery Tribunals, SARFAESI actions, insolvency proceedings under the Insolvency and Bankruptcy Code, and sale of NPAs, following RBI guidance. Enforcement measures against wilful defaulters include asset attachment under the Prevention of Money Laundering Act with restitution to banks, prohibition of additional banking facilities, five year restrictions on new ventures, debarment from capital market fundraising, and exclusion from insolvency resolution processes.

Property restoration under PMLA and FEOA enables return of laundered assets to legitimate claimants, increasing bank recoveries.
The Prevention of Money Laundering Act and the Fugitive Economic Offenders Act permit Special Courts to restore property/assets involved in money laundering to third party claimants with legitimate interest, including banks; these provisions enable attachment of assets, confiscation to the Government, and restitution to public sector banks. In the cited fraud matters, a large proportion of the alleged defrauded funds had been attached as of 15.03.2022, a substantial share of attached assets was restituted to banks, some assets were confiscated to the Government, and banks realized further recoveries by sale of assets handed over by enforcement authorities.

Company strike-off under section 248 enforces removal of inactive companies from the register after due process.
Registrar-driven strike-off actions under the Companies Act use section 248(1) to remove companies believed inactive for the two immediately preceding financial years after due process and confirmation that no application for dormant company status under section 455 was filed. The term Shell Company is not defined in the Act; red flag indicators recommended by a Special Task Force are used to identify suspected shell companies.

Augmented Reality skilling expands via public-private partnership enabling teacher training and student-focused Lensathon with female participation emphasis.
Atal Innovation Mission, NITI Aayog partnered with Snap Inc. to deliver nationwide AR skilling by training ATL-affiliated teachers, extending AR learning to students, and supporting start-ups via AIC-led AR advertising bootcamps and ad credits; the launch included a Lensathon and targeted workshops to increase participation of girls and young women aged 13 and above, led by Women Lens Creators and Snap Lens network members.