Ed Investigation: ED: IBC norms misused for laundering in RCFL cases | India News
NEW DELHI: Insolvency and Bankruptcy Board of India (IBBI) has cancelled the registration of resolution professional Chandra Prakash Jain after an ED investigation into at least 10 corporate insolvency resolution processes (CIRPs) linked to Reliance Commercial Finance Ltd (RCFL) pointed to an alleged nexus among parties involved in the insolvency proceedings.The probe showed Jain had…