REGULATORY · INDIA
Supreme Court highlights ADAG debts settled for Rs 26 crore
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Supreme Court noted ADAG companies' Rs 2,983 crore claims were settled for Rs 26 crore in IBC proceedings.
Why it matters
The Court asked the CBI and ED to coordinate investigations into the heavily discounted IBC settlements, requiring joint forensic and criminal scrutiny. This makes it harder for those insolvency resolutions to be treated as final without agency review and increases uncertainty for purchasers and creditors involved.
Implications · Who is affected · What to watch
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