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NCLAT declines interim stay on Adani's Rs 14,535 crore bid for Jaiprakash Associates

By PTIThe Times of India

The Insolvency appellate tribunal has declined an interim stay on Vedanta's plea challenging the NCLT's approval of Adani Group's Rs 14,535 crore bid for Jaiprakash Associates Ltd (JAL).

The Insolvency appellate tribunal on Tuesday declined any interim stay over the Vedanta Group's plea against the order passed by the NCLT approving Rs 14,535 crore bid by Adani Group's bid for acquir…