IBC Prevails Over PMLA in Insolvency Cases, Despite PMLA's Focus on Crime Proceeds; Section 14 Moratorium Not Applicable. https://www.taxtmi.com/highlights?id=46820 Overriding effect of IBC over PMLA - as the ‘Prevention of Money Laundering Act, 2002’ or provisions therein relates to ‘proceeds of crime’, Section 14 of the ‘I&B Code’ is not applicable to such proceeding. en-us Tue, 28 May 2019 07:49:18 +0530 Tue, 28 May 2019 07:49:18 +0530 TaxTMI RSS Generator IBC Prevails Over PMLA in Insolvency Cases, Despite PMLA's Focus on Crime Proceeds; Section 14 Moratorium Not Applicable. https://www.taxtmi.com/highlights?id=46820 Overriding effect of IBC over PMLA - as the ‘Prevention of Money Laundering Act, 2002’ or provisions therein relates to ‘proceeds of crime’, Section 14 of the ‘I&B Code’ is not applicable to such proceeding. Highlights Insolvency and Bankruptcy Tue, 28 May 2019 07:49:18 +0530 https://www.taxtmi.com/highlights?id=46820