Archive · 31 May 2025

NCLAT Stays Order on Vedanta Power Demerger

NCLAT Stays Order on Vedanta Power Demerger

Vedanta, a big company, wanted to split its power business into a smaller company.

A lower court said no because of concerns about hidden debts.

However, a higher court, the NCLAT, stepped in and said, 'Wait a minute, we need to look closer.'

They temporarily stopped the first court's decision.

This means the split might still happen.

The NCLAT is looking into the details.

The next decision will be in the future.

Sources