
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…