15
Oct
#CCIAproval #Vedanta #JaiprakashAssociates #JAL #CIRP #IBC #MergerAndAcquisition #Insolvency #IndianEconomy #BusinessNews Mumbai: In a significant development for the corporate and natural resources sectors, the Competition Commission of India (CCI) has formally approved the acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited. This approval, posted on October 14, 2025, marks a critical step forward for the proposed combination, which is taking place as part of JAL’s ongoing restructuring efforts. The entire transaction is being executed pursuant to a Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC). This context is key, as the…