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Adani tells NCLAT lenders back Jeetpakash process not judgeable wisdom as Vedanta counters

Politics
Published on 24 April 2026
Adani tells NCLAT lenders back Jeetpakash process not judgeable wisdom as Vedanta counters

Vedanta’s late addendum is said to threaten process integrity

Adani Enterprises has told the NCLAT that the Jaiprakash Associates resolution followed due process, with evaluation metrics disclosed upfront and accepted by bidders. It opposed Vedanta’s late addendum, warning it could undermine process integrity. Adani also argued lender decisions represent commercial wisdom beyond judicial review, as the dispute remains pending before the tribunal.

  • Adani cites upfront disclosed evaluation metrics and bidder acceptance
  • It opposes Vedanta’s late addendum as integrity threatening
  • Adani says lender decisions reflect commercial wisdom, not reviewable
  • The case continues before the NCLAT
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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