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NCLAT RULING ADANI
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...
Vedanta questions metrics behind Adani’s winning bid for JALVedanta Group is challenging the selection of Adani Enterprises' bid for Jaiprakash Associates Ltd. Vedanta claims its offer was significan...
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 ...
Anil Agarwal says Vedanta got written win for Jaypee Group asset bid, later reversedMining baron Anil Agarwal stated Vedanta was initially declared the highest bidder for a Jaypee Group asset. However, the decision was late...
NCLAT declines interim stay on Adani's Rs 14,535-cr bid for Jaiprakash AssociatesThe Insolvency Appellate Tribunal has not granted an interim stay on Vedanta's challenge to the NCLT's approval of Adani Group's bid for Ja...
Vedanta shares jump 3% after company announces Rs 11 interim dividendVedanta shares saw a nearly 3% surge after the board approved a third interim dividend of Rs 11 per equity share, amounting to Rs 4,300 cro...
NCLAT adjourns hearing on Vedanta petition to Tuesday, asks to implead Adani as partyThe insolvency appellate tribunal NCLAT has ordered Vedanta Group to include Adani Group in its appeals. These appeals challenge the NCLT's...
Vedanta shares plunge 5% as SC rules conglomerate not entitled to concessional rates for high-speed dieselVedanta shares fell after the Supreme Court upheld a ruling denying concessional diesel rates under Form C, citing misuse beyond mining pur...
Adani Power in focus as NCLAT clears Rs 4,000-crore Vidarbha Power acquisitionIn terms of valuation, the stock is currently trading at a price-to-earnings (P/E) ratio of 22.86. Its price-to-sales (P/S) ratio stands at...
Status quo on Coastal Energen resolution challengedA consortium of Adani Power and Dickey Alternative Investment Trust has approached the Supreme Court to challenge an NCLAT order that direc...
Stocks in news: Zomato, Paytm, HAL, Som Distilleries, Adani Enterprises, TCSSensex and Nifty hit new highs. NCLAT directs NCLT to re-hear APL Apollo Tubes insolvency plea. Reliance Jio's tech collaboration with TM F...
Supreme Court stays resolution process of Videocon Industries restarted by lendersWinning bidder Twin Star had appealed against a January 5 National Company Appellate Tribunal order that prompted lenders to restart the sa...
Adani Properties, Jindal Power Ltd submit EoI for Videocon Industries and its 12 unitsIn a parallel development, the Supreme Court is scheduled to hear on Monday an appeal by the winning bidder, Twin Star Technologies, agains...
Suspension of fresh IBC proceedings, pandemic woes may hit resolution pace for stressed assetsTo provide relief for entities impacted by the pandemic, the government has suspended fresh proceedings under the Insolvency and Bankruptcy...
DHFL rebids: All four suitors including Adani will be given chance to revise their offersCreditors are confident that they are well within their rights to ask for a rebid as they seek to maximise returns. They have also sought f...
NCLAT passed several judgements in 2019 but many of them failed Supreme Court perusalThough the National Company Law Appellate Tribunal (NCLAT) passed several orders/judgments in the insolvency and corporate matters in 2019 ...
NCLAT extends Jaypee Infratech insolvency period by 90 daysIt has also directed the RP and the Committee of Creditors of the company to finish the entire process of selecting new bidders.