Adani Enterprises Limited

Vedanta vs Adani: Anil Agarwal-led group moves NCLAT to challenge acquisition of Jaypee group’s flagship firm, hearing today

JAL was admitted to the Corporate Insolvency Resolution Process (CIRP) in June 2024 after defaulting on loans worth over Rs. 57,000 crores.

The transaction was confirmed to have been executed at an “arm’s length” basis.