NCLT approves Adani Enterprises' ₹15,000 cr plan for Jaiprakash Associates
after close1 source ↓written by the desknot a recommendation
The National Company Law Tribunal (NCLT) has approved Adani Enterprises' ₹15,000 cr resolution plan for Jaiprakash Associates, facilitating the Adani Group's takeover of the bankrupt infrastructure firm. This decision follows the Committee of Creditors' earlier approval in November 2025, favoring Adani's proposal due to its higher cash component and faster repayment timeline. The plan is now binding, enabling immediate restructuring actions.
Not investment advice. For informational purposes only.