NEW DELHI: The National Company Law Tribunal (NCLT) on Tuesday approved Adani Enterprises Ltd’s Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd through the insolvency process. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the NCLT, Allahabad bench, has “orally pronounced an order on March 17, 2026 “approving the resolution plan submitted…
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The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by Adani Enterprises Ltd (AEL) for the bankrupt Jaiprakash Associates Ltd (JAL) under the Insolvency and Bankruptcy Code, 2016. In an exchange filing, Adani Enterprises said the tribunal had orally pronounced its order on March 17, 2026, approving the resolution plan dated October…
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