Highlights
- Jaiprakash Associate Limited’s Committee of Creditors approved a 90-day extension of the Corporate Insolvency Resolution Process, after receiving 92.69% of e-votes in favor.
- The National Company Law Appellate Tribunal upheld the National Company Law Tribunal’s decision to admit Jaiprakash Associate Limited to Corporate Insolvency Resolution Process in June 2023.
Jaiprakash Associate Limited‘s Committee of Creditors (CoC) approved the extension of the period of the Corporate Insolvency Resolution Process (CIRP) of JAL by 90 days (beyond 180 days) in…