Jaiprakash Associates issued the provisional list of eligible Prospective Resolution Applicants (PRAs) under Regulalation 36A(10) of Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016 (CIRP Regulations) on April 4, 2025.
A total of 26 Prospective Resolution Applicants (PRAs) submitted Expressions of Interest to the Company and have met the preliminary eligibility criteria. These PRAs feature names like Adani Enterprises Limited, Asset Reconstruction Company (India) Limited, Authum Investment & Infrastructure Limited, Dalmia Cement (Bharat) Limited, GMR Business & Consultancy LLP, Jaypee…