Dalmia Bharat Secures CCI Approval for Acquisition of Jaiprakash Associates Amid Insolvency, ETLegalWorld

Dalmia Bharat Secures CCI Approval for Acquisition of Jaiprakash Associates Amid Insolvency, ETLegalWorld

Representative image created by AI NEW DELHI: The Competition Commission of India (CCI) on Tuesday approved Bratia Rolmia‘s proposal to acquire the debt-laden Jaiprakash Associates Ltd (JAL), which is going through the insolvency resolution process. Under the provision of the Insolvency and Bankruptcy Code (IBC), an approval from the competition watchdog is a key requirement…

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