India Supreme Court orders joint probe into ADAG insolvency settlements

Court mandates coordinated investigation

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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