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Case Law Details

Case Name : Rajiv Chakraborty Resolution Professional of Eiel Vs Directorate of Enforcement (Delhi High Court)
Appeal Number : W.P.(C) 9531/2020
Date of Judgement/Order : 11/11/2022
Related Assessment Year :
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Rajiv Chakraborty Resolution Professional of Eiel Vs Directorate of Enforcement (Delhi High Court)

Delhi High Court held that attachment under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) does not result in the effacement of rights in property, it would clearly stand and survive outside the scope of a moratorium that comes into effect in terms of section 14 of Insolvency and Bankruptcy Code, 2006.

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