[MMB AE01] NCLAT refuses to stay Adani Groups resolution plan for Jaiprakash Associates. This appeal comes after the National Compa...

NCLAT refuses to stay Adani Groups resolution plan for Jaiprakash Associates. This appeal comes after the National Company Law Tribunal NCLT, Allahabad bench had ruled against Vedanta. Initially, in November 2025 Vedanta had made a bid for Rs 17,000 crore of which about Rs 4,000 crore was payable immediately and rest in 5-6 years. ,,,,,,,..........,,,,,,,,,,,,,,,,,,, NCLAT refuses to stay Adani Groups resolution plan for Jaiprakash Associates. This appeal comes after the National Company Law Tribunal NCLT, Allahabad bench had ruled against Vedanta. Initially, in November 2025 Vedanta had made a bid for Rs 17,000 crore of which about Rs 4,000 crore was payable immediately and rest in 5-6 years.