insolvency process

JAL insolvency: CCI clears Dalmia Bharat’s bid to acquire Jaiprakash Associates; other bidders include Adani, Vedanta, Jindal Power

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The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to acquire the debt-laden Jaiprakash Associates Ltd (JAL) through the insolvency process. This clearance ...

Supreme Court stays liquidation of Bhushan Power & Steel

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The Supreme Court has halted the liquidation process for Bhushan Power & Steel (BPSL) following a plea from JSW Steel, whose resolution plan was previously ...