Provisionally attached corporate debtor assets can be in information memorandum and resolved; Section 32A grants post-approval immunity

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....NCLAT held that provisionally attached assets of the corporate debtor could be included in the information memorandum and dealt with in the resolution plan despite a PMLA provisional attachment and an earlier High Court restraint, since no record showed divestment of ownership or post-CIRP restraining order. On approval of the resolution plan, Section 32A applies, entitling the new management to statutory immunity where its conditions are satisfied; consequently the prior provisional attachment ceases to operate and there is no legal requirement for the standing recovery agency to seek separate release from the adjudicating authority under PMLA. Appeal disposed.....