This marks a major milestone in one of India's longest-running insolvency cases

May 23, 2026

04:02 pm

What's the storyAdani Group has paid ₹6,000 crore to the lenders of Jaiprakash Associates. The payment is the first installment of a larger ₹14,535 crore resolution plan.

It comes after judicial clearance and the dismissal of a competing bid from Vedanta Group by the National Company Law Appellate Tribunal (NCLAT).