The Supreme Court of India has decided not to interfere with the Adani Group's ₹14,500 crore ($1.75 billion USD) debt resolution plan for Jaiprakash Associates (JAL), which has been under financial distress. The court's ruling supports the National Company Law Appellate Tribunal's (NCLAT) interim order that allows the implementation of the resolution plan, despite a challenge from Vedanta Resources, owned by Anil Agarwal. The Supreme Court has scheduled Vedanta's appeal for a final hearing on April 10 and instructed the NCLAT to prioritize the case. The court emphasized that any major policy decisions by JAL's monitoring committee must receive prior approval from the NCLAT. Vedanta has claimed that the insolvency process was conducted unfairly and lacked transparency, arguing that it was the highest bidder with a revised offer of ₹16,726 crore ($2 billion USD) but was rejected based on incorrect evaluation criteria. Adani's resolution plan was approved by creditors with a 93.81% voting share, and the NCLT's Allahabad bench had sanctioned it on March 17.