Adani, Jindal, Patanjali in fray for Jaiprakash Associates turnaround, ET LegalWorld

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…

Former Montpelier boss faces bankruptcy hearing

Saturday, 5 April 2025 10:55 The multimillionaire head of a former trust company that went into liquidation could be declared bankrupt this summer. Edward Watkin Gittins was managing director and owner of Montpelier (Trust and Corporate) Services, which was wound up in 2020 after being accused of diverting millions of pounds of client money. Last…