Anil Agarwal-led Vedanta has moved National Company Law Appellate Tribunal (NCLAT), challenging lenders' approval of Adani Enterprises' ₹14,543-crore bid for takeover of bankrupt Jaiprakash Associates Ltd. Vedanta argued its ₹12,505.85-crore bid was higher on a net present value basis. It also alleged procedural unfairness, saying it was not given reasons or an opportunity to clarify its proposal.