Anil Agarwal Claims Bid Win Was Reversed
Anil Agarwal, Chairman of Vedanta Group, stated that the company was initially declared the highest bidder for acquiring Jaiprakash Associates Ltd (JAL) through the insolvency process, but the decision was later reversed.In a social media post, Agarwal...
adani enterprises
bankruptcy code (ibc)
cement manufacturing
committee of creditors (coc)
delhi
engineering & construction
financial distress
india
insolvency proceedings
jaiprakashassociatesltd (jal)
jaypee group
nclat (national company law appellate tribunal)
nclt (national company law tribunal)
power
real estate
resolution plan
vedanta