Analyzing the Interplay Between PMLA and IBC: Supreme Court’s Perspective on Section 32A and Property Protection for Corporate Debtors
Introduction India’s legal framework is a tapestry woven with the intricate threads of various statutes, the intersection of the Prevention of Money Laundering Act, 2002 (PMLA), and the Insolvency and Bankruptcy Code, 2016 (IBC), presents a particularly knotty point. Consider this: while the PMLA vigorously pursues the prevention and punishment of those who disguise the proceeds of crime, the IBC […]
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