Vedanta moves NCLAT, challenges NCLT nod to Adanis bid for acquiring Jaiprakash Associates

Image for article Vedanta moves NCLAT, challenges NCLT nod to Adanis bid for acquiring Jaiprakash Associates
News Source : The Times of India

News Summary

  • Vedanta Group has appealed to the NCLAT against NCLT's decision to approve Adani Group's bid for Jaiprakash Associates Ltd.
  • Lenders had approved Adani's plan in November last year.
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New Delhi, Business conglomerate Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT), challenging the NCLTs approval to Adani Groups bid for acquiring Jaiprakash Associ [+2216 chars]

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