After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency case

New Delhi [India], May 6 (ANI): AdEnterprises has filed a caveat before the Supreme Court, anticipating a challenge by Vedanta against the National Company Law Appellate Tribunal’s (NCLAT) verdict upholding Adani Group’s resolution plan for debt-ridden Jaiprakash Associates Ltd (JAL). A caveat is an application filed before a court by a party requesting that no…

Baggit India invites EoI from bidders; last day for submission 14 May

Handbag and lifestyle accessories brand Baggit India Private Limited has formally invited expressions of interest (EOIs) from prospective resolution applicants as part of its ongoing corporate insolvency resolution process (CIRP), following admission of the company into insolvency earlier this year. Insolvency admission and key dates The Mumbai bench of the National Company Law Tribunal admitted…

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