Creditors of Jaiprakash Associates, commonly known as Jaypee Group, have unanimously backed Adani Enterprises' ₹13,500-crore takeover proposal under the insolvency process. They chose it over Vedanta's higher ₹17,000-crore offer because it included larger upfront payments, Hindustan Times reported. Vedanta's proposal reportedly involved a five-year payout, compared to Adani's 1.5-2-year timeline.