financial creditors

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    Supreme Court Considers Vedanta's Challenge to Jaypee Resolution

    Vedanta Moves Supreme Court Against Adani’s ₹14,535 Crore JAL Acquisition, Claims Higher Bid Rejected New Delhi, March 31: Vedanta Ltd has approached the Supreme Court challenging the lenders’ decision to approve Adani Group’s resolution plan for Jaiprakash Associates Ltd (JAL), stating that its...
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    NCLAT Allows Withdrawal of Insolvency Proceedings Against Mahagun After Settlement With IDBI Trusteeship

    Settlement Brings Relief to Realty Firm Mahagun The National Company Law Appellate Tribunal has directed the withdrawal of insolvency proceedings against real estate firm Mahagun (India) after the company reached a settlement with its financial creditor.A two member bench of the appellate...
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