The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed two petitions filed by Vedanta Ltd, which had challenged the selection of Adani Enterprises’ resolution plan for debt-laden Jaiprakash Associates Ltd (JAL).A two-member bench comprising Chairperson Ashok Bhushan and Member Technical Barun Mitra held that no grounds had been made out to interfere with the…
NCLAT upholds Adani bid, dismisses Vedanta plea in Jaypee insolvency case New Delhi [India], May 4 (ANI): The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by Vedanta in connection with the ongoing insolvency proceedings of Jaiprakash Associates Limited (JAL), bringing closure to a prolonged legal contest over the resolution process. While…
New Delhi [India], May 4 (ANI): The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by Vedanta in connection with the ongoing insolvency proceedings of Jaiprakash Associates Limited (JAL), bringing closure to a prolonged legal contest over the resolution process. While pronouncing its judgment, the appellate tribunal observed that it did not…
ANI | Updated: May 04, 2026 11:04 IST New Delhi [India], May 4 (ANI): The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by Vedanta in connection with the ongoing insolvency proceedings of Jaiprakash Associates Limited (JAL), bringing closure to a prolonged legal contest over the resolution process.While pronouncing its judgment, the…
NCLAT rejects Vedanta’s challenge to approval of Adani’s resolution plan for Jaiprakash Associates Mint Read the original article here
The CoC comprised 27 members, including banks, financial institutions and a class of homebuyers. A total of 28 expressions of interest were received during the process, of which 25 prospective resolution applicants were shortlisted. Ultimately, six bidders submitted resolution plans, including Adani Enterprises Limited, Vedanta Limited, Dalmia Cement (Bharat) Limited, Jindal Power Limited, PNC Infratech…
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Burgundy Diamond Mines Limited (ASX: BDM) today announced that its subsidiary, Arctic Canadian Diamond Company Ltd. (ACDC), has filed for insolvency protection under the Companies’ Creditors Arrangement Act (“CCAA”). ACDC, which owns and operates the Ekati Diamond Mine, obtained an initial order from the Supreme Court of British Colombia, granting protection under the CCAA. Burgundy…
Spiders shuts down after Greedfall II prequel release amid Nacon insolvency Notebookcheck Read the original article here