Corporate Insolvency Resolution Process (CIRP) is a structured legal framework in India designed to revive financially distressed companies under the Insolvency and Bankruptcy Code (IBC). This guide covers the CIRP meaning, initiation rules, step-by-step process, essential roles, timelines, and specialized concepts, like Reverse CIRP. Imagine a scenario in which a company borrows heavily from banks, […] The post What is the Corporate Insolvency Resolution Process (CIRP)?