The resolution process for debt-laden Jaiprakash Associates Limited (JAL) has moved forward with the Resolution Professional (RP) publishing the final list of 25 eligible Prospective Resolution Applicants (PRAs). This follows the initial submission of Expression of Interests (EoIs) by 26 entities.
Notably, the final list, prepared in accordance with the Insolvency and Bankruptcy Board of India (IBBI) regulations, includes prominent names such as Adani Enterprises Limited, Dalmia Cement (Bharat) Limited, GMR Business & Consultancy LLP, Oberoi Realty Limited, Patanjali Ayurveda Limited, Torrent Power Limited, and Vedanta Limited.
Asset Reconstruction…
