The Committee of Creditors (CoC) of Jaypee Infratech will meet on May 9 to discuss the revised bid by NBCC for the insolvent company, sources told IANS.
The Insolvency Resolution Professional (IRP) Anuj Jain on Friday evening invited the stakeholders for the meeting, sources said.
The e-voting for the resolution of the company ended on Friday whereby Suraksha Realty was the only contender and its bid was rejected by the CoC. NBCC's revised bid was not approved by the CoC as it required several approvals.
NBCC, however, received all the government approvals this week and has been pitching for its bid to be considered by the CoC.
--IANS
rrb/prs
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
