NCLT Ahmedabad hears dispute between Allahabad Bank and Sai Infosystem over asset possession complicated by ED attachment under PMLA.
Tribunal directs applicant to convene meeting with PMLA director within three days and file affidavit detailing developments.
Court orders SBI DGM and ED officials to remain present at next hearing on June 16, 2026, for further consideration.
Liquidator claims secured creditor rights to recover security under IBC 2016, while ED maintains PMLA attachment prevails.