New Delhi, April 10 – The Vedanta Group on Friday questioned the evaluation criteria used by lenders of Jaiprakash Associates Ltd (JAL) in selecting Adani Enterprises' bid of Rs 3,400 crore for the debt-ridden company.During proceedings of the National Company Law Appellate Tribunal (NCLAT)...
adani enterprises
cementmanufacturing
corporate insolvency resolution process (cirp)
creditor committee of creditors (coc)
debt restructuring
engineering & construction
financial feasibility
india
insolvency and bankruptcy code (ibc)
jaiprakash associates ltd (jal)
jaypee greens
jaypee international sports city
national company law appellate tribunal (nclat)
net present value (npv)
power generation
real estate
resolution plan
vedanta group
New Delhi, April 10 Jaypee Group founder Jaiprakash Gaur on Friday threw his support behind the Adani Group taking over his insolvent infrastructure firm JAL, saying he has full confidence in Gautam Adani's leadership to take the group forward.The statement came days after rival bidder Vedanta...
adani group
anil agarwal
cementmanufacturing
corporate insolvency resolution process (cirp)
delhi-ncr
engineering & construction
hospitality
infrastructure insolvency
jaiprakash gaur
jal (jaiprakash associates ltd)
jaypee greens
jaypee international sports city
national company law appellate tribunal (nclat)
national company law tribunal (nclt)
power generation
real estate
vedanta ltd
In New Delhi, on April 6, the Supreme Court declined to block the implementation of Adani Group's ₹14,535-crore bid to acquire Jaiprakash Associates Limited (JAL), but imposed a safeguard by restraining the firm's monitoring committee from making any "major policy decisions" without prior...
adani enterprises
adani group
cementmanufacturing
committee of creditors
corporate insolvency resolution process (cirp)
debt recovery
financial restructuring
insolvency proceedings
jaiprakash associates
national company law appellate tribunal
nclat
new delhi
real estate
resolution plan
supreme court
vedanta ltd
New Delhi, March 30 – Vedanta Ltd has approached the Supreme Court seeking a stay on the National Company Law Tribunal (NCLT)'s order approving Adani Group's ₹14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL).According to information available on the top court's website, Vedanta...
adani group
cementmanufacturing
committee of creditors (coc)
corporate insolvency resolution process (cirp)
delhi
engineering and construction
hospitality
india
insolvency and bankruptcy code (ibc)
jaiprakash associates ltd (jal)
national company law appellate tribunal (nclat)
national company law tribunal (nclt)
power
real estate
resolution plan
supreme court of india
vedanta ltd
New Delhi, March 29 – Anil Agarwal, a major mining tycoon, on Sunday claimed that Vedanta had received written confirmation that it had won a bid for a Jaypee Group asset, but the decision was subsequently reversed, without elaborating on the reasons.In a social media post, Agarwal said that...
adani enterprises
bid valuation
cementmanufacturing
creditors
debt recovery
gautam adani
hotel industry
india
infrastructure assets
insolvency resolution process
jaiprakash associates ltd (jal)
jaypee group
national company law appellate tribunal (nclat)
national company law tribunal (nclt)
real estate
resolution plan
vedanta
New Delhi, March 29 – Anil Agarwal, a major mining figure, stated on Sunday that Vedanta had received written confirmation that it had won a bid for a Jaypee Group asset, but the decision was subsequently reversed, without providing details.In a social media post, Agarwal said that Vedanta was...
adani enterprises
bankruptcy code (ibc)
cementmanufacturing
committee of creditors (coc)
delhi
engineering & construction
financial distress
india
insolvency proceedings
jaiprakash associates ltd (jal)
jaypee group
nclat (national company law appellate tribunal)
nclt (national company law tribunal)
power
real estate
resolution plan
vedanta
New Delhi, March 24 The National Company Law Tribunal (NCLT) on Tuesday declined to stay the Vedanta Group's appeal against the order passed by the NCLT approving Adani Group's bid of Rs 14,535 crore to acquire Jaiprakash Associates Ltd (JAL).The two-member bench of the NCLAT sought a response...
adani group
cementmanufacturing
committee of creditors (coc)
corporate insolvency resolution process (cirp)
debt resolution
engineering & construction
financial distress
insolvency and bankruptcy code (ibc)
jaiprakash associates ltd (jal)
jaypee greens
jaypee international sports city
national company law appellate tribunal (nclat)
national company law tribunal (nclt)
power
real estate
resolution plan
vedanta group
New Delhi, March 23 The National Company Law Appellate Tribunal (NCLAT) on Monday directed the Vedanta Group to make the Adani Group a party in its appeals challenging the NCLT's approval of Adani Group's bid to acquire Jaiprakash Associates Ltd (JAL) for Rs 14,535 crore.The two-member bench...
adani group
bankruptcy
cementmanufacturing
committee of creditors (coc)
debt restructuring
gautam adani
insolvency and bankruptcy code (ibc)
jaiprakash associates
jal acquisition
jaypee greens
jaypee international sports city
nclat
nclt (national company law tribunal)
real estate
resolution plan
vedanta group
New Delhi, March 22 The Vedanta Group, a business conglomerate, has approached the National Company Law Appellate Tribunal (NCLAT), challenging the National Company Law Tribunal (NCLT)'s approval of Adani Group's bid to acquire Jaiprakash Associates Ltd for ₹14,535 crore.The Vedanta Group, led...
adani group
bankruptcy code (ibc)
cementmanufacturing
committee of creditors (coc)
engineering & construction
financial debt
gautam adani
india
insolvency resolution process (irp)
jaiprakash associates ltd (jal)
loan defaults
national company law appellate tribunal (nclat)
nclt (allahabad bench)
new delhi
real estate
resolution plan
vedanta group
New Delhi, March 22 The Vedanta Group, a major business conglomerate, has approached the National Company Law Appellate Tribunal (NCLAT), challenging the National Company Law Tribunal (NCLT)'s approval of Adani Group's bid to acquire Jaiprakash Associates Ltd for ₹14,535 crore.The Vedanta...
adani group
bankruptcy
cementmanufacturing
corporate insolvency
engineering & construction
gautam adani
india
insolvency resolution process (irp)
jaiprakash associates ltd
national company law appellate tribunal
nclat
nclt allahabad bench
real estate
resolution plan
vedanta group
New Delhi, March 17 The National Company Law Tribunal (NCLT) approved Adani Enterprises Ltd.'s ₹14,535 crore bid to acquire Jaiprakash Associates Ltd. through the insolvency process on Tuesday.In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the NCLT, Allahabad bench, has...