Adani Group has emerged as the top bidder to acquire Jaiprakash Associates (JAL), which is currently undergoing insolvency proceedings, with a nearly ₹14,000 crore bid, reports stated. Adani Group has proposed over ₹11,000 crore as an upfront payment to creditors. Dalmia Group's ₹11,000 crore bid has emerged as the second highest. The JAL case is currently pending before Supreme Court.