https://www.taxtmi.com/caselaws?id=299121 The Court allowed the writ petition, ordering the release of interest and income accrued on assets attached under the Prevention of Money Laundering Act, 2002 to the Official Liquidator, due to the company's winding up and lack of available funds, with the ED not objecting to releasing the interest portion. The Court directed compliance subject to NCLT's oversight and the Delhi High Court's stay on related proceedings, without imposing costs. en-us Mon, 26 Jul 2021 00:00:00 +0530 Fri, 03 Dec 2021 18:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299121 The Court allowed the writ petition, ordering the release of interest and income accrued on assets attached under the Prevention of Money Laundering Act, 2002 to the Official Liquidator, due to the company's winding up and lack of available funds, with the ED not objecting to releasing the interest portion. The Court directed compliance subject to NCLT's oversight and the Delhi High Court's stay on related proceedings, without imposing costs. Case-Laws Money Laundering Mon, 26 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299121