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April 6, 2026 at 9:50 AM IST

“What is most important is that unlike business, a profession is supposed to have an element of public service”

—Abhishek Manu Singhvi referring to the ideas by a US jurist Dean Roscoe Pound during an address at an university.

Anil Agarwal of Vedanta Airs out Legal Battle with Vedanta in Full Public View

Vedanta has moved swiftly to approach the Supreme Court, seeking a pause on the implementation of Adani’s resolution plan for Jaiprakash Associates. This comes shortly after the NCLAT declined to grant relief and days after Anil Agarwal, Vedanta’s chairman, flagged the issue on social media, offering limited detail but enough to suggest his company had been wronged.

At the centre of this very public contest is the corporate insolvency resolution process for Jaiprakash Associates, a bid fiercely contested by these two players. Just as Vedanta appeared to be in the lead and on the verge of securing the asset, Adani stepped in, altered the course of events and ultimately emerged victorious. Vedanta’s core argument remains unchanged: that the process was flawed and that Adani was awarded the asset despite offering lower value.

The legal battle over control of Jaiprakash Associates is now playing out in the courts. Yet, Agarwal’s intervention on social media has elevated the dispute into the public domain, turning it into one of the more closely watched corporate battles. The language of the post was carefully chosen, given that the matter is sub judice, but even a lay observer can discern an attempt to shape public sentiment in Vedanta’s favour.

Whether Vedanta’s claims will stand legal scrutiny will take time to determine. What is already evident, however, is that the contest is no longer confined to courtrooms. It is being fought as much on perception and optics as on law.

Key Rulings:

  • National Company Law Appellate Tribunal has held that to protect the interests of homebuyers, insolvency resolution in real estate should be looked at project wise and not against a company as a whole

  • Supreme Court has held that states can withdraw tax benefits and exemptions from industries in public interest

Courts: 

  • A petition challenging the validity of the newly passed amendment to the Transgender Persons (Protection of Rights) Act has been filed before the Supreme Court

  • Supreme Court orders SIT probe to look into fake insurance policy case and makes National Insurance Company CMD as accused in the matter

  • Supreme Court reserves its order in review petitions filed against retrospective environmental clearance for projects

  • Bombay High Court refuses to curtail reporting by Republic TV journalist Arnab Goswami on Anil Ambani days after latter files defamation case against the former

  • Vedanta moves Supreme Court for a stay on implementation of Adani’s resolution plan for Jaiprakash Associates 

Quasi Courts:

Others:

  • Gujarat High Court bans use of AI by judges, judicial staff in all judicial work

  • Justice Sudhir Kumar Jain made DRAT Delhi chairperson

The Big Listings:

  • April 2026: Supreme Court to hear PIL petition seeking tighter probe into Anil Ambani’s fraud allegations

  • Apr 7: Supreme Court constitution bench to hear Sabarimala temple reference case

  • Apr 8: Delhi High Court to hear Indigo’s petition seeking 9 billion rupees in refund from customs over re-imports

  • Apr 10: NCLAT to hear Vedanta’s appeal against approval for Adani’s resolution plan for Jaiprakash Associates

  • Apr 13: Supreme Court to hear WhatsApp, Meta and CCI appeals in data sharing policy case 

  • Apr 17: Securities Appellate Tribunal to hear appeal by Jane Street challenging SEBI’s move to allegedly refuse access to important documents to the firm in the case against it

  • May 5: Supreme Court to hear challenge to Citizenship Amendment Act

  • Jul 15: Delhi High Court to hear Apple Inc.’s plea against India’s competition law’s provisions on global turnover-based penalties on MNC

* The dates of hearing can change and a concrete list is prepared just a day before

Legal Moves: 

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