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NCLAT RULING ON JAL
NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...- JAL Case: NCLAT reserves ruling on Vedanta pleaThe National Company Law Appellate Tribunal (NCLAT) has reserved its order on Vedanta's petitions challenging Adani Enterprises' bid for de...
- 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...
- 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...
- NCLAT reserves order in JAL's scheme pleaThe National Company Law Appellate Tribunal (NCLAT) reserved its order on Jaiprakash Associates Ltd's (JAL) appeal against the National Com...
- 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 ₹...
- Jaypee Infra insolvency: Suraksha Group to infuse Rs 250 crore, arrange Rs 3,000 crore loan to complete 20,000 flatsOn March 7, National Company Law Tribunal (NCLT), Principal Bench New Delhi approved the resolution plan of Suraksha Realty Ltd and Lakshde...
- Jaypee Infra will get back 858 acres: Supreme CourtThe move is not only a setback to JAL's lenders - including ICICI Bank, Axis Bank, SBI and Standard Chartered Bank - but has also set a pre...
- NCLAT sets aside order directing return of land to Jaypee InfratechAll the banks and JAL had approached the NCLAT against the NCLT order.A stay was granted to all petitioners.
- 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.
- Jaypee Infra insolvency: Over 23,000 homebuyers, 13 banks start voting on NBCC's bidThe voting process will end on Sunday and the outcome would be declared on May 20.
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