New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order on Vedanta’s two petitions challenging the selection of Adani Enterprises bid to acquire debt-ridden Jaiprakash Associates Ltd through the insolvency process.
A two-member bench comprising Chairperson Ashok Bhushan and Member Technical Barun Mitra concluded hearings after arguments from Vedanta Ltd and respondents, including the Resolution Professional, Committee of Creditors (CoC) and Adani Enterprises.
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