Mumbai News: PMLA Court Discharges Vadraj Cement In IL&FS Case, Citing Corporate Debtor Immunity Under New Management
Published on: Feb. 4, 2026, 2:40 a.m. | Source: Free Press Journal
The court, while discharging the firm clarified that said, the erstwhile officer or directors of the corporate debtor who was/were in any manner in charge of, or responsible to the corporate debtor for the conduct of its business or associated with the corporate debtor in nany manner shall continue to be prosecuted and punished for the offence committed by the corporate debtor.
