Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
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 Power strikes Rs 4,200 crore deal for Jaypee power assets amid group overhaulAdani Power is set to acquire stakes in Jaypee Group's power companies for approximately ₹4,200 crore. This move will boost Adani Power's g...
Adani Ports to acquire indirect control of Kanpur Fertilizers for Rs 1,500 crore under Jaiprakash Associates resolution planAdani Ports will acquire Jaypee Fertilizers & Industries for Rs 1,500 crore. This deal gives Adani Ports control of land in Kanpur. This la...
Adani Power inks deals to buy Jaiprakash Power stake, Churk assets for over Rs 4,193 crore totalAdani Power is set to acquire a significant stake in Jaiprakash Power Ventures and a thermal power plant. This move is part of a resolution...
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...
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...
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 ...
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 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 moves NCLAT, challenges NCLT nod to Adani's bid for acquiring Jaiprakash AssociatesVedanta Group has appealed to the NCLAT against the NCLT's decision to approve Adani Group's bid for Jaiprakash Associates Ltd. The NCLT ha...
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 Infratech insolvency: Committee formed for implementation of Suraksha group resolution planIn a regulatory filing, Jaypee Infratech Ltd (JIL) informed that "...in compliance with the order of the NCLT, an 'Implementation and Monit...
Jaypee aims to complete 24K flats by 2020 at Rs 8,000 cr costThe Jaypee group is investing about Rs 20-30 crore a month on construction and the fund is coming from toll collections.