The case involves an application filed by the Resolution Professional (RP), Bhuvan Madan, for the approval of a resolution plan for Jaiprakash Associates Limited (JAL), the Corporate Debtor, under Section 30(6) of the Insolvency and Bankruptcy Code (IBC).
A Company Petition bearing number CP (IB) No. 330/ALD/2018 was filed by ICICI Bank Limited against Jaiprakash Associates Limited, the Corporate Debtor, under section 7 of the Code, which was admitted vide order dated 03.06.2024.
Bhuvan Madan was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP) of the Corporate Debtor.
The CoC was reconstituted as of 05.11.2025 with 27 CoC members.
Adani Enterprises Ltd. submitted a resolution plan on 14.10.2025, which was approved by the CoC with a voting share of 93.81% on 18.11.2025.
The RP published Form 'G' on 10.01.2025, inviting Eols for submission of resolution plans for the Corporate Debtor.
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A Company Petition bearing number CP (IB)…
The Company Petition…
The case involves an application filed by the Resolution Professional (RP), Bhuvan Madan, for the approval of a resolution plan for Jaiprakash Associates Limited (JAL), the Corporate Debtor, under Section 30(6) of the Insolvency and Bankruptcy Code (IBC).
A Company Petition bearing number CP (IB) No. 330/ALD/2018 was filed by ICICI Bank Limited against Jaiprakash Associates Limited, the Corporate Debtor, under section 7 of the Code, which was admitted vide order dated 03.06.2024.
Bhuvan Madan was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP) of the Corporate Debtor.
The CoC was reconstituted as of 05.11.2025 with 27 CoC members.
Adani Enterprises Ltd. submitted a resolution plan on 14.10.2025, which was approved by the CoC with a voting share of 93.81% on 18.11.2025.
The RP published Form 'G' on 10.01.2025, inviting Eols for submission of resolution plans for the Corporate Debtor.
…A Company Petition bearing number CP (IB)…
The Company Petition…