New Delhi, April 16 -- Anil Agarwal-led Vedanta told the Delhi bench of the National Company Law Appellate Tribunal (NCLAT) on Thursday that while the committee of creditors (CoC) in the Jaiprakash Associates Ltd insolvency case repeatedly insists on following the 'process', they do not seem to follow it themselves. The legal battle centres on whether the CoC can rightfully reject Vedanta's Rs.17,000-crore offer in favour of the Adani Group's lower-value plan based on superior cash terms.

Advocate Abhijeet Sinha, representing Vedanta, made serious allegations against the CoC, saying Vedanta's bid was ignored despite being the highest after five rounds of the challenge process. "In the process of scoring there should be some transparency,...