The resolution professional of debt-ridden Jaiprakash Associates Limited (JAL) has invited expressions of interest (EOI) for the company under the insolvency and bankruptcy resolution process by February 9, nearly eight months after it was admitted for bankruptcy proceedings by the National Company Law Tribunal.
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The EOIs have been invited under two options, where Option I involves bidding for the Jaiprakash Associates and all its assets as a going concern as a whole, and Option II involves bidding for one or more specific assets of the company grouped under 13 different clusters, a public announcement by the company showed.
Under Option II, the 13 clusters have been listed as follows:
Cluster 1: JAL as a going…
