https://www.taxtmi.com/caselaws?id=380740 The court held that the Prevention of Money Laundering Act, 2002, operates concurrently with the Insolvency and Bankruptcy Code, without one act overriding the other. Individuals involved in money laundering offenses cannot seek protection under the Insolvency and Bankruptcy Code. The Resolution Professional could not benefit from Section 14 as the attachments were made before the initiation of the Corporate Insolvency Resolution Process. en-us Thu, 02 May 2019 00:00:00 +0530 Tue, 28 May 2019 07:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380740 The court held that the Prevention of Money Laundering Act, 2002, operates concurrently with the Insolvency and Bankruptcy Code, without one act overriding the other. Individuals involved in money laundering offenses cannot seek protection under the Insolvency and Bankruptcy Code. The Resolution Professional could not benefit from Section 14 as the attachments were made before the initiation of the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Thu, 02 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380740