Jaiprakash Associates Ltd (JAL), currently under the Corporate Insolvency Resolution Process (CIRP), has secured an extension for the submission of resolution plans until June 24, 2025. The extension, approved by the Committee of Creditors (CoC), follows requests from several prospective resolution applicants (PRAs). A diverse group of 25 bidders—including Adani Enterprises, Vedanta, Patanjali Ayurveda, and other key players—has expressed interest in acquiring JAL’s assets. With outstanding creditor claims amounting to Rs.