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The Economic Times

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NCLAT upholds Adani Groups bid for Jaiprakash Associates, backs lenders decision

The National Company Law Appellate Tribunal has confirmed the National Company Law Tribunal's decision. This approves the Adani Group as the chosen buyer for Jaiprakash Associates Ltd. The appellate tribunal found no reason to alter the initial ruling. Lenders' choice was based on their commercial wisdom.

4 May 2026 11:16 am