The Insolvency and Bankruptcy Board of India (IBBI) has issued a critical clarification concerning the restitution of assets attached by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), particularly in cases where such assets belong to companies undergoing insolvency resolution. The move aims to balance the objectives of insolvency law—reviving distressed businesses and ensuring creditor recovery—with the need to uphold due process under anti-money laundering statutes.