https://www.taxtmi.com/caselaws?id=764676 Control of provisionally attached properties of a corporate debtor was directed to be handed over to the successful resolution applicant under Section 8(8) of the Prevention of Money Laundering Act, 2002 read with Rule 3A of the Prevention of Money Laundering (Restoration of Property) Rules, 2016, with the appellant required to hand over possession and the resolution applicant to take it over. The SC expressly declined to express any opinion on the interpretation of Section 32A(2) of the Insolvency and Bankruptcy Code, 2016 or on the Enforcement Directorate's power to attach corporate debtor property. All appeals were disposed of on that basis. en-us Wed, 11 Dec 2024 00:00:00 +0530 Thu, 16 Jan 2025 08:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764676 Control of provisionally attached properties of a corporate debtor was directed to be handed over to the successful resolution applicant under Section 8(8) of the Prevention of Money Laundering Act, 2002 read with Rule 3A of the Prevention of Money Laundering (Restoration of Property) Rules, 2016, with the appellant required to hand over possession and the resolution applicant to take it over. The SC expressly declined to express any opinion on the interpretation of Section 32A(2) of the Insolvency and Bankruptcy Code, 2016 or on the Enforcement Directorate's power to attach corporate debtor property. All appeals were disposed of on that basis. Case-Laws Money Laundering Wed, 11 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764676