{"id":298087,"date":"2019-10-26T12:27:47","date_gmt":"2019-10-26T06:57:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298087"},"modified":"2019-10-26T12:27:47","modified_gmt":"2019-10-26T06:57:47","slug":"bhushan-power-case-nclat-directs-ed-mca-to-reach-consensus-on-asset-attachment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bhushan-power-case-nclat-directs-ed-mca-to-reach-consensus-on-asset-attachment\/","title":{"rendered":"Bhushan Power case: NCLAT directs ED, MCA to reach consensus on asset attachment"},"content":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) had directed the Enforcement Directorate (ED) and Ministry of Corporate Affairs (MCA) to reach a consensus on settling the conflict in the provision of Prevention of Money Laundering Act with regard to attachment of property under insolvency.<\/p>\n<p>Hearing a case filed by JSW Steel at NCLAT, a three-member bench headed by Chairperson Justice SJ Mukhopadhaya said there was no question of amendment of laws, and both the wings of the central government should settle the issue.<\/p>\n<p>&#8220;You are the two wings of the same government. You should talk it out and settle the issue,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) had directed the Enforcement Directorate (ED) and Ministry of Corporate Affairs (MCA) to reach a consensus on settling the conflict in the provision of Prevention of Money Laundering Act with regard to attachment of property under insolvency. Hearing a case filed by JSW Steel at NCLAT, a three-member bench headed by Chairperson Justice SJ Mukhopadhaya said there was no question of amendment of laws, and both the wings of the central government should settle the issue. &#8220;You are the two wings of the same government. You should talk it out and settle the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-298087","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=298087"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298087\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}