NEW DELHI: Jaypee Infratech’s lenders have asked state-owned NBCC Ltd and Suraksha group to improve their bid and offer more land parcels under an insolvency process to acquire debt-laden realty… Read more »
NEW DELHI: Lenders of Jaypee Infratech have asked state-owned NBCC to take the government’s approval for the revised bid that it has submitted to acquire the bankruptcy-bound real estate firm…. Read more »
NEW DELHI: State-owned NBCC on Tuesday won approval of financial creditors to takeover debt-laden Jaypee Infratech Ltd, rekindling hopes of homebuyers finally getting their promised flats over the next 4… Read more »
NEW DELHI: The National Company Law Appellate Tribunal on Thursday set aside an NCLT order that directed Jaiprakash Associates Ltd to return 758 acres of land, which was pledged with… Read more »
NEW DELHI: Jaypee Infratech’s creditors, which include banks and home buyers, will meet on June 20 to assess the progress of the ongoing insolvency process and decide future course of… Read more »
NEW DELHI: As the voting process on the NBCC’s bid for Jaypee Infratech (JIL) ends on Monday, with no signs of the public sector enterprise getting through, sources say, home… Read more »
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) on Monday clarified that lenders can vote against the NBCC’s proposal to acquire debt-ridden Jaypee Infratech and directed for completion of… Read more »
NEW DELHI: In a major relief for state-run construction major NBCC, the Allahabad bench of the National Company Law Tribunal (NCLT) on Monday asked the Committee of Creditors (CoC) of… Read more »
NEW DELHI: Distressed homebuyers of debt-ridden Jaypee Infratech on Thursday demanded that state-owned NBCC’s bid to acquire the realty firm should be reconsidered as they do not have any faith… Read more »
NEW DELHI: Debt-ridden Jaypee Infratech’s lenders will meet on February 18 to discuss the resolution plans to be submitted by four shortlisted bidders by Friday to take over the realty… Read more »