NCLAT Reserves Order on Vedanta vs. Adani Insolvency Bidding Battle
The National Company Law Appellate Tribunal (NCLAT) has reserved its decision regarding Vedanta’s challenge to Adani Enterprises’ successful bid for Jaiprakash Associates Ltd (JAL). A two-member bench, led by Chairperson Ashok Bhushan and Member Technical Barun Mitra, ended its hearing after listening to arguments from all involved parties, including Vedanta, Adani Enterprises, the Resolution…

