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    <title>2019 (2) TMI 1711 - NATIONAL COMPANY LAW TRIBUNAL, DIVISION BENCH, CHENNAI</title>
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    <description>The application seeking vacation of an attachment order under the Prevention of Money Laundering Act over the assets of a corporate debtor was dismissed as withdrawn with liberty to file afresh if the appeal is allowed by the Appellate Tribunal PMLA. The decision was based on the Resolution Professional&#039;s stance and the pending appeal status. The rationale behind the dismissal was to avoid unnecessary appearances before the Bench and to provide an opportunity for the Resolution Professional to refile the application if the appeal succeeds at the Appellate Tribunal PMLA.</description>
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      <description>The application seeking vacation of an attachment order under the Prevention of Money Laundering Act over the assets of a corporate debtor was dismissed as withdrawn with liberty to file afresh if the appeal is allowed by the Appellate Tribunal PMLA. The decision was based on the Resolution Professional&#039;s stance and the pending appeal status. The rationale behind the dismissal was to avoid unnecessary appearances before the Bench and to provide an opportunity for the Resolution Professional to refile the application if the appeal succeeds at the Appellate Tribunal PMLA.</description>
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