NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI Company Appeal (AT) (Insolvency) Nos. 552 & 553 of 2026 (Arising out of Order dated 17.03.2026 passed by the Adjudicating Authority (National Company Law Tribunal), Allahabad Bench, Prayagraj in IA No.01/2026 and IA(Plan) No.11/2025 in CP(IB)No.330/ALD/2018)

IN THE MATTER OF:

Vedanta Ltd. …Appellant Versus Bhuvan Madan Resolution Professional …Respondent of Jaiprakash Associates Ltd. & Ors Present:

For Appellant : Mr. Abhijeet Sinha, Sr. Advocate with Mr. Deep Roy, Mr. Anuj Lakhotiya, Mr. Aridaman Raghav, Ms. Heena Kochar, Mr. Bhavit Baxi, Ms. Shrishti Agnihotri, Mr. Rishi Badraj, Mr. Aridaman Raghav, Ms. Heena Kochar, Mr. Aditya Narayan Sharma, Mr.

Sourabh Goyal, Mr. Abhishek, Advocates.

For Respondents : Dr. Abhishek Manu Singhvi, Sr. Advocate and Mr.

Arun Kathpalia, Sr. Advocate with Mr. Anoop Rawat, Mr. Sagar Dhawan, Mr. Vaijayant Paliwal, Mr. Nikhil Mathur, Mr. Aditya Marwah, Mr. Ahkam Khan, Ms. Rashi Sharma, Ms. Kirti Gupta, Ms. Diksha Gupta, Advocates for R-1.

Mr. Tushar Mehta, Ld. SG and Mr. Niranjan Reddy, Sr. Advocate with Mr. Bishwajit Dubey, Mr. Madhav Kanoriya, Ms. Srideepa Bhattacharyya, Ms. Neha Shivhare, Ms