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JAL TAKEOVER
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...- Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
- Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore planAdani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,5...
- Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeoverDalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...
- Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
- Vedanta's plea indirectly challenges commercial wisdom of CoC: Adani to NCLATAdani Enterprises told NCLAT the Jaiprakash Associates resolution process followed due procedure, with evaluation metrics disclosed upfront...
- Selection process of bidder for JAL was fair, transparent & not tailor made: Lenders to NCLATLenders defended their decision to select Adani Enterprises as the successful bidder for Jaiprakash Associates, telling the NCLAT that the ...
- Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLATJaiprakash Associates insolvency proceedings see a dispute over Vedanta's claim as highest bidder. The resolution professional told the NCL...
- After 15-year wait, JAL homebuyers pin hopes on Adani plan for long-delayed homesHomebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Co...
- Vedanta tells Supreme Court its revised Jaypee bid tops Adani offerVedanta Ltd has approached the Supreme Court challenging the rejection of its bid for Jaiprakash Associates Ltd. The mining giant claims it...
- Vedanta moves Supreme Court seeking stay on Adani’s takeover of Jaiprakash AssociatesVedanta Group has approached the Supreme Court seeking a stay on Adani Group's takeover of Jaiprakash Associates Ltd (JAL). Vedanta claims ...
- Adani Enterprises gets NCLT nod for JAL takeoverThe National Company Law Tribunal has officially sanctioned Adani Enterprises' acquisition of Jaiprakash Associates, marking a historic mom...
- Adani Group stocks in focus as CCI approves acquisition of Jaiprakash AssociatesAdani Share Price: The Competition Commission of India (CCI) has approved Adani Group's acquisition of Jaiprakash Associates Ltd (JAL), a s...
- JAL files plea against NCLT order in Jaypee Infratech caseLast week, the NCLT approved Suraksha Realty's takeover of the debt-laden Jaypee Infratech dismissing three different appeals against the ₹...
- Sebi set-ups panel to review takeover rulesThe 20-member committee will be chaired by former Chief Justice of Punjab and Haryana High Court, Shiavax Jal Vazifdar, an update with the ...
- Sebi forms a high-level panel to review corporate takeover rulesThe panel will have to advise the regulator on simplifying and strengthening the current norms by adopting appropriate global practices. Th...
- Resettle Sikhs, Hindus from Afghanistan in UP: Minister writes to HM Amit ShahIndia had on August 17 announced that it will issue an emergency e-visa to Afghan nationals who want to come to the country in view of the ...
- Centre looks to sell SJVN stake without Himachal approvalThe Centre can sell its stake in Satluj Jal Vidyut Nigam Ltd even if Himachal Pradesh, the partnering state government, is not open to the ...
- Home buyers divided on promoter takeover bid for bankrupt Jaypee InfratechThe representatives of nine associations, claiming over 2,400 buyers members, said that Jaypee promoter should not be allowed to takeover J...
- Jaiprakash raises Rs 1,190 cr through treasury share saleInfrastructure major Jaiprakash Associates (JAL) raised around Rs 1,190 crore through sale of 5 crore treasury shares in bulk deals on Wedn...
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