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    Adani JAL Bid Under Scrutiny: Vedanta Disputes CoC Criteria

    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)...
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    Jaiprakash Gaur Confirms Faith in Adani Group's Leadership for JAL's Future

    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...
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    JAL Acquisition Dispute: NCLAT Awaits Response on Vedanta's Appeal

    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...
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    Adani Acquires Jaiprakash Assets: NCLAT Hearing Postponed

    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...
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