India Supreme Court orders joint probe into ADAG insolvency settlements

Court mandates coordinated investigation

Corruption & Accountability Mergers & Acquisitions
Live Law ·
Change
India’s Supreme Court directed CBI and ED to jointly investigate insolvency settlements involving ADAG companies.
Why it matters
The order requires coordinated cross-agency investigation into contested transactions, increasing scrutiny and enforcement risk.
Implications
  • — Entities involved face joint investigation — legal exposure increases
  • — Regulatory scrutiny intensifies — transaction reviews expand

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