The SRA is entitled to the relief of extending the protection under Section 32-A to lift the attachment by the Enforcement Directorate over the Corporate Debtor’s assets
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) has directed the Enforcement Directorate (ED) to lift the PMLA attachment on the corporate debtor’s assets, citing the protection granted under Section 32A of the Insolvency and Bankruptcy Code ( IBC ) for Successful Resolution Applicants ( SRA ). NCLT while approving…