SC Orders Restoration of Attached Properties to Resolution Applicant Under IBC–PMLA Overlap

Udaipur Entertainment World Private Limited Vs Union of India & Ors (Supreme Court of India)

The Supreme Court of India, in Udaipur Entertainment World Private Limited Vs Union of India & Ors, addressed matters concerning the attachment of properties under the Prevention of Money Laundering Act, 2002 (PMLA) and their linkage to proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC). The Court noted that, pursuant to earlier orders dated 11 September 2025 and 18 September 2025, the parties had reached an amicable settlement aimed at safeguarding the

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