This writ petition concerns the impact of a moratorium under Section 14 of the Insolvency and Bankruptcy Code (IBC) on the Enforcement Directorate's (ED) powers to enforce attachments under the Prevention of Money Laundering Act (PMLA). The petition challenges attachment orders made by the ED, specifically provisional attachment orders (PAOs) dated 08 July 2020 and 05 August 2020, later confirmed by the Adjudicating Authority on 01 January 2021 and 29 January 2021. The petitioner, the Resolution Professional of Era Infra Engineering Limited (EIEL), argues that the moratorium under the IBC prevents the ED from exercising powers under the PMLA.

This writ petition concerns the impact of a moratorium under Section 14 of the Insolvency and Bankruptcy Code (IBC) on the Enforcement Directorate's (ED) powers to enforce attachments under the Prevention of Money Laundering Act (PMLA). The petition challenges attachment orders made by the ED, specifically provisional attachment orders (PAOs) dated 08 July 2020 and 05 August 2020, later confirmed by the Adjudicating Authority on 01 January 2021 and 29 January 2021. The petitioner, the Resolution Professional of Era Infra Engineering Limited (EIEL), argues that the moratorium under the IBC prevents the ED from exercising powers under the PMLA.