Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
NCLT/NCLAT Cannot Review Actions Taken By ED Under PMLA : Supreme Court
Supreme Court affirmed that NCLT/NCLAT cannot review ED actions under PMLA, maintaining the distinct nature of insolvency and anti-money laundering proceedings. The judgment reinforces the specialized domains of different tribunals and prevents overlap between corporate insolvency and financial crime investigations. This clarification preserves the PMLA's effectiveness while respecting the IBC's separate objectives and processes.