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Adani rushes to Supreme Court with caveat as Vedanta eyes appeal in Jaypee insolvency

Business
Published on 6 May 2026
Adani rushes to Supreme Court with caveat as Vedanta eyes appeal in Jaypee insolvency

Vedanta may challenge NCLAT but Adani already preempted

After getting relief from the NCLAT, Adani Group has filed a caveat in the Supreme Court in anticipation of a Vedanta challenge. The NCLAT upheld Adani’s resolution plan for debt-laden Jaiprakash Associates Ltd in the Jaypee insolvency case. The move signals Adani’s effort to prevent any surprise stay and keep the insolvency resolution on track.

  • Adani files a caveat at the Supreme Court following NCLAT relief
  • Caveat anticipates a possible appeal by Vedanta over NCLAT’s decision
  • NCLAT upheld Adani’s resolution plan for Jaiprakash Associates in insolvency
  • The case centers on how the debt-laden company’s resolution proceeds
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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