NCLAT clarifies interplay between Section 32A (IBC) and PMLA in Vantage Point case
The National Company Law Appellate Tribunal (NCLAT) on October 14, 2025, delivered a detailed judgment in Vantage Point Asset Management Pte. Ltd. v. Gaurav Misra (Resolution Professional of Alchemist Infra Realty Ltd.) that answers several recurring questions about how the Insolvency and Bankruptcy Code (IBC), specifically Section 32A, interacts with provisional attachments under the Prevention…