#IBC | REEDLAW

Section 32A IBC Overrides PMLA Attachment: Supreme Court Allows Partial Release of Attached Properties

The Supreme Court held that Section 32A IBC overrides PMLA attachment to enable restitution of properties to successful resolution applicants for protecting innocent home buyers, subject to statutory exceptions.

Dec 21, 20254 min read

IBC Is Not a Recovery Forum: CIRP Application Rejected Where Amount Claimed Was Paid in Full, Additional Interest Dismissed

The National Company Law Tribunal (NCLT) held that the Insolvency and Bankruptcy Code (IBC) is not a recovery forum, and rejected the...

Jul 16, 20253 min read