Overview
- The committee of creditors scored Adani Enterprises’ revised plan highest last week and is expected to put it to a vote within the next two weeks, according to sources.
- Adani proposes to pay lenders within two years, whereas Vedanta’s plan offers back‑ended payments over five years.
- Dalmia Cement’s proposal is partly contingent on a forthcoming Supreme Court ruling in the YEIDA dispute.
- Vedanta had led the September challenge with a ₹12,505 crore NPV before lenders sought improved sealed plans submitted on October 14.
- JAL’s insolvency involves about ₹60,000 crore in admitted claims, with NARCL identified as the largest creditor.