Update on resolution plans received for Jaypee Infratech under CIRP

Jaypee Infratech announced that two resolution plans were received on 17 November 2019 pursuant to Supreme Court Order dated 06 November 2019 from the following entities/ consortium:

1. NBCC (India); and
2 . Suraksha Realty along with Lakshdeep Investments and Finance.

The Resolution Plans were placed before the meeting of CoC members held on 18 November 2019.

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