NCLT clears JNPT’s plan to acquire Dighi Port, rejects Adani plea

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A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi Port Ltd and rejected pleas by other suitors including an Adani Group company. The Mumbai bench of the National Company Law Tribunal, however, dismissed the JNPT’s requests to waive stamp duty and ......