# UDAIPUR ENTERTAINMENT WORLD PRIVATE LIMITED vs. UNION OF INDIA & ORS.

> SC judgment dated 2025-10-10. Citation: TCN-2025-SC-00114. The case involves appeals arising from a Special Leave Petition concerning a Provisional Attachment…

- **Court:** SC
- **Order date:** 10 Oct 2025
- **Citation:** TCN-2025-SC-00114
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/udaipur-entertainment-world-private-limited-vs-union-of-india-ors-j00l3

## Summary

### Background

The case involves appeals arising from a Special Leave Petition concerning a Provisional Attachment Order (PAO) passed against a Corporate Debtor and its properties under the Prevention of Money Laundering Act (PMLA). The parties, including the Directorate of Enforcement (DoE), reached an amicable settlement to protect the interests of genuine and innocent home buyers. The matter also involves a Resolution Plan approved by the National Company Law Tribunal (NCLT) and its interaction with PMLA provisions and the Insolvency and Bankruptcy Code (IBC).

## Facts

The parties reached an amicable settlement pursuant to court orders dated 11.09.2025 and 18.09.2025, in the interest of innocent and genuine home buyers.

An Affidavit dated 07.10.2025 was filed by the Directorate of Enforcement (DoE).

Provisional Attachment Order No. 05/2019 dated 02.04.2019 was passed against the Corporate Debtor.

The Provisional Attachment Order is partially set aside, and attached properties are directed to be restored to the Successful Resolution Applicant (SRA) for the benefit of home buyers who subsequently acquired the attached units.

The provisional attachment continues for 11 units in the project, Royal Raj Villas (RRV), identified in the Additional Affidavit dated 07.10.2025 of the DoE.

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## Issues and analysis

### Issue 1: Whether the provisional attachment order against the Corporate Debtor's properties should be …

**Ratio:** The provisional attachment order is partially set aside, and attached properties

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**Reasoning:** The parties reached an amicable settlement, and the Directorate of Enforcement (DoE)

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**Interpretation:** The PMLA, through its second proviso to Section 8(8), provides a mechanism for

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**Application:** The attached properties of the Corporate Debtor (except 11 units) are restored

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## Parties

- **Judges:** Sanjay…; ALOK AR…
- **Respondents:** UDAIPUR ENTERTAINM…; UNION OF INDIA &…
- **Other parties:** erstwhile…; genuine and…
- **Advocates:** Neeraj Kish…; Diksha…; +32 more

## Timeline

- **2019-04-02 — Provisional Attachment…**: Provisional Attachment Order No. 05/2019…
- **2019 — PMLA Tribunal…**: Appeal FPA-PMLA-3275/JP/2019…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 8(8) — Insolvency resolution by operational creditor](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-8)

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