New Delhi, April 7 -- Vedanta share price jumped over 3% on Tuesday ahead of the NCLAT hearing on the Jaiprakash Associates insolvency case. Vedanta shares gained as much as 3.9% to Rs.716.85 apiece on the BSE.

The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) will hear Vedanta's appeal challenging the approval of the resolution plan for Jaiprakash Associates Limited (JAL) on April 10.

The Supreme Court on Monday had declined to stay the implementation of the Adani group's Rs.14,535-crore bid to acquire the debt-ridden Jaiprakash Associates Limited (JAL), but provided a safeguard by restraining the firm's monitoring committee from taking any "major policy decisions" without prior nod of the NCLAT.

A bench of Chief ...