SC refuses to stay Adani's resolution plan for Jaiprakash Associates in blow to Vedanta
- Posted on April 6, 2026
- By Business News Today
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SC refuses to stay Adani's resolution plan for Jaiprakash Associates in blow to Vedanta
The Supreme Court of India has refused to halt Adani Enterprises' acquisition of Jaiprakash Associates, a decision impacting Vedanta Group. Vedanta had sought a stay, citing a lack of transparency in the insolvency process. The court deferred to the NCLAT, which is scheduled to hear related appeals on April 10.
