Jaypee Insolvency: Adani Group backs CoC decision; opposes Vedanta’s late offer, ETLegalWorld

Jaypee Insolvency: Adani Group backs CoC decision; opposes Vedanta’s late offer New Delhi [India], April 21 (ANI): The AdGroup on Tuesday strongly defended the integrity of the resolution process in the Jaypee Associates insolvency matter before the National Company Law Appellate Tribunal (NCLAT), where Vedanta has challenged the decision of the Committee of Creditors (CoC)…

Ekurhuleni launches debt relief programme for struggling households

The City of Ekurhuleni has called on financially distressed residents to apply for debt rehabilitation under its newly approved revised debt relief and rehabilitation incentive scheme. Executive Mayor Nkosindiphile Xhakaza emphasised that consistent payment for municipal services remains essential to the city’s sustainability and service delivery efforts. “Without revenue, there can be very little service…