ED Achieves Major Victory in Alchemist Group Bankruptcy Case
New Delhi, February 6: The Enforcement Directorate (ED) has secured a significant victory in the Alchemist Group case. The National Company Law Tribunal (NCLT) has completely revoked the ongoing Corporate Insolvency Resolution Process (CIRP) against Alchemist Limited in its order dated February 3. The tribunal found that the process was initiated with fraudulent intent and … Read more