New Delhi, August 28, 2025 -The Competition Commission of India (CCI) has approved the Adani Group’s proposal for the acquisition of up to 100% shareholding of Jaiprakash Associates Limited (JAL). JAL will be acquired by entities within the Adani group, including Adani Enterprises Limited (AEL), Adani Infrastructure and Developers Private Limited (AIDPL), and/or other entities. The approval was given by the CCI as JAL was already undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
JAL Insolvency – An Overview
JAL is currently undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, as directed by the National Company Law Tribunal,…