When a company faces financial distress and struggles to pay its debts, the Corporate Insolvency Resolution Process (CIRP) offers a legal way to address the situation. CIRP is designed to help resolve insolvency issues efficiently, protect the interests of creditors, and give the company a chance to revive or exit in an orderly manner. This post explains what CIRP is, how it works, and why it matters for businesses and stakeholders. What is the Corporate Insolvency Resolution
