#resolution-plan
Adani Ports to acquire Jaypee Fertilizers for ₹1,500 crore through insolvency
Adani Ports and Special Economic Zone on Thursday said it will acquire a 100 per cent stake in Jaypee Fertilizers & Industries from Jaiprakash Associates for ₹1,500 crore, as part of the NCLT-approved resolution plan for JAL.
After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency case
Enterprises has filed a caveat before the Supreme Court anticipating a challenge by Vedanta against the National Company Law Appellate Tribunal's (NCLAT) verdict upholding Adani Group's resolution plan for debt-ridden Jaiprakash Associates Ltd (JAL).