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NCLAT Rules Asset Attachment by Enforcement Directorate Illegal Post-Resolution Plan Approval Under Insolvency Laws.

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Full Text of the Document

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....immunity from Attachment of assets after approval of Resolution Plan - The attachment of assets of the ‘Corporate Debtor’ by the Directorate of Enforcement pursuant to order dated 10th October, 2019 as illegal and without jurisdiction. - NCLAT....

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