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NCLAT seals Adani takeover of Jaiprakash Associates lenders choice stands
Business
Published on 4 May 2026
Tribunal says lenders had the final call
The National Company Law Appellate Tribunal has upheld the National Company Law Tribunal’s ruling approving the Adani Group as the selected buyer for Jaiprakash Associates Ltd. NCLAT found no grounds to overturn the original decision and emphasized that lenders’ selection was based on commercial wisdom, keeping the deal on track.
- NCLAT confirms NCLT approval of Adani Group as buyer
- Jaiprakash Associates resolution proceeds without reversal
- Tribunal declines to interfere with lenders’ choice
- Decision rests on lenders’ commercial wisdom
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times