ED eases PMLA asset rules to boost recovery under insolvency law
New Delhi, Nov 5 (UNI) In a significant move, the Enforcement Directorate (ED) has facilitated the release of assets attached under the PMLA to support the resolution of companies under the Insolvency and Bankruptcy Code (IBC). This step is aimed at maximizing recovery for creditors, including banks and homebuyers. Previously, PMLA attachments could hinder the…
