NCLT Recalls Alchemist Insolvency Amidst ED Fraud Probe
The Regulatory Sword: Insolvency Process Recalled The National Company Law Tribunal (NCLT) in New Delhi has formally recalled the Corporate Insolvency Resolution Process (CIRP) initiated against Alchemist Limited. This significant judicial action, dated February 3, 2026, follows decisive intervention by the Enforcement Directorate (ED). The Tribunal’s order unequivocally states that the insolvency proceedings were…

