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NCLAT Dismisses Vedanta’s Appeal, Clears Way for Adani’s ₹14,535 Crore Takeover of Jaiprakash Associates

NCLAT rejects Vedanta plea, clears Adani’s Rs 14,535 crore JAL plan

November addendum deemed bid alteration; no irregularity found in insolvency process

May 4, 2026 18:00 IST

Vedanta-Adani JAL case: NCLAT dismisses Vedanta plea

Vedanta-Adani tussle over JAL – NCLAT dismisses Vedanta’s petition, says ‘no merit in the appeal’

NCLAT dismissed Vedanta’s petition challenging Adani Enterprises’ Rs 14,535 crore bid for Jaiprakash Associates, citing no merit and upholding the…

Updated: May 4, 2026 14:10 IST

NCLAT has reserved its order on Vedanta's two petitions

NCLAT reserves order on Vedanta plea against Adani’s Rs 14,535 crore JAL bid

NCLAT reserves order on Vedanta’s challenge to Adani’s JAL bid; lenders defend selection process under IBC rules despite higher competing…

April 22, 2026 15:37 IST

JAL RP tells NCLAT Vedanta not formally declared highest bidder

Vedanta vs Adani: Jaiprakash Associates’ RP says Vedanta was not declared highest bidder formally

In the Vedanta-Adani dispute over Jaiprakash Associates, the RP told NCLAT that no formal declaration named Vedanta as the highest…

April 17, 2026 18:54 IST

Vedanta Group questioned the evaluation metrics adopted by lenders of Jaiprakash Associates

‘Valuation used to wipe out commercial wisdom’: Vedanta attacks creditors that gave Adani Group JAL deal

Vedanta questions CoC evaluation in JAL insolvency case, alleges transparency issues as its higher bid was overlooked

April 10, 2026 20:00 IST

Vedanta Moves SC to Challenge Adani’s Rs 14,535 Crore Jaypee Takeover

Vedanta vs Adani battle over Jaypee Group reaches SC after Anil Agarwal posted ‘we had won’

Vedanta claims it was the highest bidder for Jaypee Group assets, yet the resolution went to Adani Enterprises. Vedanta now…

Updated: March 30, 2026 13:38 IST

In simple terms, all debts are claims, but not every claim counts as a valid debt under the Insolvency and Bankruptcy Code.

Can you still use IBC to recover fees? What Akshay Kumar verdict means for freelancers

A landmark National Company Law Appellate Tribunal ruling in the dispute between Akshay Kumar and Cue Learn clarifies that insolvency…

February 27, 2026 11:11 IST

NCLAT Clears Way for Class Action Lawsuit Against Jindal Poly Films Over ₹2,518-Crore Allegations

NCLAT dismisses Jindal Poly’s appeal against class action lawsuit

The NCLAT has dismissed Jindal Poly Films’ appeal, upholding a landmark class action lawsuit filed by minority shareholders under Section…

Updated: February 26, 2026 20:08 IST

House panel moots 3-month deadline for NCLAT to pass orders

A Select Committee headed by BJP’s Baijayant Panda has proposed a mandatory 90-day limit for NCLAT to pass orders, aiming…

December 17, 2025 19:46 IST

Aakash defers share allotment to TLPL over FEMA, ECB violation concerns

As part of the rights issue, AESL allotted shares to Manipal Group and Beeaar Investco, which contributed around Rs 58…

Updated: November 29, 2025 08:00 IST

Byju’s founder Byju Raveendran jailed in Singapore as legal woes deepen

Supreme Court rejects Byju Raveendran’s plea in BCCI insolvency settlement case

The Supreme Court also noted that it had already rejected similar appeals filed earlier by both the BCCI and Byju’s…

November 28, 2025 20:20 IST

NCLAT, Vedanta, National Company Law Appellate Tribunal, NCLT

NCLAT clears Vedanta demerger plan

NCLAT approves Vedanta’s demerger plan, overturning NCLT Mumbai order. The ruling allows Vedanta to restructure power and metal units, including…

September 16, 2025 22:19 IST

Reliance Infrastructure gets NCLAT relief in Rs 88.68 crore insolvency case

Reliance Infrastructure gets NCLAT breather over insolvency proceedings

Reliance Infrastructure has secured a temporary breather as the NCLAT stayed the insolvency proceedings initiated against the company. The tribunal’s…

Updated: July 18, 2025 16:44 IST

NFRA, NCLAT, telengana HC, Chartered Accountants, Supreme court

NFRA gets a shot in the arm with Telangana HC order

Telangana High Court upholds NFRA’s authority to investigate audit lapses before its 2018 formation, but bars imposing penalties beyond those…

June 25, 2025 05:26 IST

Securities and Exchange Board of India, NCLAT, NCLT, National Company Law Appellate Tribunal

Time to lift squeeze on squeeze-outs

The absence of a reliable squeeze-out mechanism continues to frustrate controlling shareholders aiming for full ownership.

June 19, 2025 05:00 IST

Reliance Infrastructure, MMRDA, MMOPL, Bombay High Court, arbitration, joint venture, metro rail project

Big relief for Reliance Infrastructure, NCLAT stays insolvency proceedings

NCLAT has stayed the insolvency proceedings against Reliance Infrastructure as it suspends NCLT’s order. Reliance Infrastructure had opposed the insolvency…

Updated: June 4, 2025 19:21 IST