Adani likely to win Jaiprakash Associates insolvency bid with faster payment plan: Report
Published on: Nov. 9, 2025, 9:42 p.m. | Source: Business Today
Last month, JAL’s erstwhile promoters submitted a settlement offer under Section 12A of the Insolvency and Bankruptcy Code, but the proposal lacked clarity on funding sources. Earlier attempts by the promoters to secure a stay on proceedings were rejected by the courts.
