IBC Prevails Over PMLA in Insolvency Cases, Despite PMLA's Focus on Crime Proceeds; Section 14 Moratorium Not Applicable.

Overriding effect of IBC over PMLA - as the ‘Prevention of Money Laundering Act, 2002’ or provisions therein relates to ‘proceeds of crime’, Section 14 of the ‘I&B Code’ is not applicable to such proceeding. .....

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