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Jaiprakash Associates has announced a board meeting to convene the seventh session of the Committee of Creditors, following the National Company Law Tribunal's admission of the company into the Corporate Insolvency Resolution Process (CIRP). The meeting is scheduled for 19th December, 2024. This development indicates ongoing financial challenges the company faces, as it seeks to restructure its debt obligations. Investors should closely monitor the situation, as it presents both risks associated with the insolvency process and potential opportunities for a turnaround.