Vedanta Group Has Recently Secured Interim Relief On The TSPL Demerger Case
Vedanta Limited has recently secured interim relief from NCLAT in the Vedanta TSPL (Talwandi Sabo Power Limited) demerger case. This turns out to be a positive sign for the Vedanta Group's upcoming plans to demerge its business. With this, the group aims to ensure that its business operations get carried out as planned. The group will also be able to acquire the maximum value out of its demerger plan. NCLAT Grants Interim Relief On The TSPL Demerger Case: Vedanta Limited has recently made an announcement that the National Company Law Appellate Tribunal (NCLAT) has granted an interim stay on the earlier order, which was passed by the National Company Law Tribunal (Vedanta NCLT), Mumbai, which stayed the company's proposed demerger plan involving Vedanta TSPL. Now this appears to be a great win for Vedanta Limited. Once the group receives the approval for the demerger, it will be able to ensure that its exact goals are achieved. The group will also be able to walk the path towar...