Jaiprakash Associates Schedules 23rd Committee of Creditors Meeting on November 7, 2025

Jaiprakash Associates Ltd (JAL), currently under insolvency proceedings, has announced that the 23rd meeting of its Committee of Creditors (CoC) will be held on 7 November 2025. The update was shared through a regulatory filing with the BSE and NSE dated 4 November 2025.

Jaiprakash Associates CoC Meeting Under Insolvency and Bankruptcy Code (IBC)

The CoC meeting has been convened in accordance with the order of the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). 

The order admitted Jaiprakash Associates Ltd into the Corporate Insolvency Resolution Process (CIRP).

The CoC, comprising financial creditors, is responsible for reviewing progress, assessing resolution plans, and making key decisions regarding the company’s financial restructuring under the IBC framework.

Read More: Vedanta Secures CCI Nod to Acquire Debt-Laden Jaiprakash Associates.

About Jaiprakash Associates and the Ongoing CIRP Process

Jaiprakash Associates, formerly a diversified infrastructure and construction firm, has been navigating financial stress and debt challenges for several years.

The ongoing CIRP process aims to resolve its financial obligations and explore potential recovery mechanisms through creditor deliberations.

Read More: What Led to Jaiprakash Associates’ Insolvency Proceedings.

Conclusion

The forthcoming CoC meeting on November 7 will mark another key step in the company’s resolution journey, as creditors continue to evaluate proposals and consider future courses of action under the insolvency framework.

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