After NCLAT Relief, Adani Moves SC with Caveat Against Possible Vedanta Appeal in Jaypee Insolvency Case

AdEnterprises has filed a caveat before the Supreme Court, anticipating a challenge by Vedanta against the National Company Law Appellate Tribunal's (NCLAT) verdict upholding Adani Group's resolution plan for debt-ridden Jaiprakash Associates Ltd (JAL), the Economic Times of India reported. A caveat is an application filed before a court by a party requesting that no order be passed in a matter without first hearing it.
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India's Markets Regulator Sets Up Task Force to Tackle AI-Driven Cyber Threats

India's markets regulator on Tuesday issued ‌an advisory on emerging AI-driven ‌vulnerability detection tools, warning that their ​use could introduce new cybersecurity risks for regulated entities, Reuters reported. The Securities and ‌Exchange Board ⁠of India has constituted a task force to ⁠assess emerging threats posed by such AI-based models. The ​task force ​will examine ​the cyber risks ‌associated with these tools and devise a uniform mitigation strategy.
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NCLAT Sets Aside NCLT Insolvency Order Against Embassy Developments

Realty developer Embassy Developments has secured relief from insolvency proceedings after the National Company Law Appellate Tribunal (NCLAT) set aside an earlier order admitting the company to the corporate insolvency resolution process (CIRP), the Economic Times of India reported. In a regulatory filing, the developer said the appellate tribunal has quashed the December 9, 2025 order passed by the National Company Law Tribunal (NCLT), New Delhi, which had admitted insolvency proceedings against it. As a result, the CIRP initiated against the company stands closed.
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