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.
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.
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.
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.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 6, 2025, 12:38 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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