Anil Agarwal’s Vedanta Moves NCLAT Against Adani’s Bid for Jaypee Group’s Flagship Firm
In a dramatic twist to India’s corporate battle for distressed assets, Anil Agarwal’s Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT) challenging Adani Group’s bid for the Jaypee Group’s flagship firm, Jaiprakash Associates Limited (JAL). This move intensifies the competition between two of India’s largest conglomerates, each vying for control of strategic…