Big Blow to investors! 6,45,466 Jaiprakash Associates shareholders to lose over ₹400 crore; here’s why

Adani Jaiprakash NCLT Approval: Small-cap stock Jaiprakash Associates Ltd (JAL) has received a major development in its insolvency proceedings after the National Company Law Tribunal (NCLT) approved Adani Enterprises‘ ₹14,535 crore bid to acquire Jaiprakash Associates Ltd through the insolvency process. This marks a stark outcome for equity holders, for whom nearly ₹400 crore of…

Important orders on IBC (Jan 16 – Jan 31, 2026)

NCLAT Fortnightly January 16-31, 2026  The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under the Insolvency and Bankruptcy Code, 2016 (“Code”), during the period between January 16, 2026, to January 31, 2026. For ease of reference, the orders have been categorized and dealt with in…

Liquidators appointed to Scottish aircraft sales company

Liquidators at FRP Advisory said the company that operated moved to “conclude its affairs in an orderly manner”. The firm is described at Companies House as “agents involved in the sale of machinery, industrial equipment, ships and aircraft”. The Glenrothes-registered P3R Aviation Limited passed the special resolution “that the company be wound up voluntarily” and…

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