India, May 20 -- The Supreme Court on Monday allowed the Yamuna Expressway Industrial Development Authority (Yeida) to appoint new developers to complete residential projects of Jaiprakash Associates Limited (JAL), after the authority's decision to cancel a 1,000-hectare lease to JAL was upheld by the Allahabad high court in March.

A bench of justice Sanjay Kumar, while permitting Yeida to proceed in line with the HC judgment, disallowed the authority from making a final decision without the top court's permission. The court listed the matter for July 29.

The order came against the backdrop of the JAL, currently under insolvency, challenging the Allahabad high court's March 10 order in the top court. In April, the top court issued notic...