hyderabadupdates.com Real Estate Vedanta moves NCLAT, challenges NCLT nod to Adani’s bid for acquiring Jaiprakash Associates

Vedanta moves NCLAT, challenges NCLT nod to Adani’s bid for acquiring Jaiprakash Associates

Vedanta Group has appealed to the NCLAT against the NCLT’s decision. The NCLT had approved Adani Group’s bid to acquire Jaiprakash Associates Ltd. Vedanta was also in the race to acquire the company. The Committee of Creditors had previously approved Adani’s plan. Jaiprakash Associates has significant assets across real estate, cement, and hospitality.

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