Big win for Adani! NCLAT upholds Rs 14535 crore resolution plan for Jaypee, rejects Vedanta’s challenge – Markets

Big win for Adani! NCLAT upholds Rs 14535 crore resolution plan for Jaypee, rejects Vedanta’s challenge - Markets


In total, six companies submitted resolution plans, including Adani Enterprises, Vedanta, Dalmia Cement (Bharat), Jindal Power, PNC Infratech, and Jaypee Infratech. Among these, Adani Enterprises and Vedanta emerged as the leading contenders. After an independent assessment, Adani’s proposal was ranked higher, particularly due to stronger upfront recovery and superior overall financial value.



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