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Bhilai Jaypee Cement

By Vinod Pathak , 23 October 2025
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NCLT Initiates Insolvency Proceedings Against Bhilai Jaypee Cement Over ₹45 Crore Coal Debt

The National Company Law Tribunal (NCLT) has admitted an insolvency plea against Bhilai Jaypee Cement Ltd. (BJCL), a joint venture of the debt-laden Jaiprakash Associates Ltd. (JAL), following a petition filed by Sidhgiri Holdings Pvt. Ltd. The case revolves around a coal supply default amounting to ₹45.40 crore, marking another setback for the financially distressed Jaypee Group.

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  • Insolvency
  • Business
  • NCLT
Bhilai Jaypee Cement

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