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Friday, January 16, 2026

Tag: insolvency

Adani Enterprises Leads Bid for Jaiprakash Associates Insolvency

Adani's two-year payment plan beats Vedanta's five-year offer in ₹60,000 crore Jaiprakash Associates acquisition. Committee of Creditors to vote on resolution soon.

IBBI Proposes Stricter Disclosure Rules to Prevent Surrogate Bids

New IBBI norms require complete beneficial ownership disclosure from bidders of insolvent companies, targeting promoters using proxies to regain control.