NCLT approves Adani Enterprises' ₹15,000 cr plan for Jaiprakash Associates
pre-market1 source ↓written by the desknot a recommendation
The National Company Law Tribunal (NCLT) approved Adani Enterprises' ₹15,000 cr resolution plan for Jaiprakash Associates on 17 March 2026. This decision allows Adani to take control of the bankrupt infrastructure firm, following a favorable vote from the Committee of Creditors in November 2025. The plan's binding nature enables immediate restructuring efforts.
Not investment advice. For informational purposes only.