(247) UNION OF INDIA Vs. M/S UDAIPUR ENTERTAINMENT WORLD PVT. LTD. AND OTHERS[RAJASTHAN HIGH COURT (JAIPUR BENCH)] 28-03-2025
Prevention of Money Laundering Act, 2002 (PMLA) — Sections 5, 8, 9, 26, 42 & Insolvency and Bankruptcy Code, 2016 (IB Code) — Sections 31, 32A, 238 — Jurisdiction of National Company Law Tribunal (NCLT) — Attachment under PMLA — Serious question arises regarding the jurisdiction of NCLT, a tribunal of limited jurisdiction under the IB Code, to vacate, nullify, or override orders of attachment passed and confirmed by competent authorities under the PMLA, particularly when the PMLA provides a sepa
India Law Library Docid # 2424260