https://www.taxtmi.com/caselaws?id=302251 The Tribunal dismissed the application filed by the Resolution Professional, stating it lacked jurisdiction to deal with matters under the Prevention of Money Laundering Act (PMLA). The Tribunal referred to a previous NCLAT order, holding that NCLT cannot handle issues falling under PMLA, advising the Applicant to seek relief from the PMLA Appellate Authority. Consequently, the Provisional Attachment Order issued by the Directorate of Enforcement remains in effect, affecting the Corporate Insolvency Resolution Process of Kohinoor Steel Private Limited. en-us Wed, 02 Mar 2022 00:00:00 +0530 Wed, 11 May 2022 20:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302251 The Tribunal dismissed the application filed by the Resolution Professional, stating it lacked jurisdiction to deal with matters under the Prevention of Money Laundering Act (PMLA). The Tribunal referred to a previous NCLAT order, holding that NCLT cannot handle issues falling under PMLA, advising the Applicant to seek relief from the PMLA Appellate Authority. Consequently, the Provisional Attachment Order issued by the Directorate of Enforcement remains in effect, affecting the Corporate Insolvency Resolution Process of Kohinoor Steel Private Limited. Case-Laws Insolvency and Bankruptcy Wed, 02 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302251