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SC to hear plea next week on preventing Jaypee Infratech's liquidation
The apex court had on August 9 last year ordered re-commencement of the resolution process against JIL and barred the firm, its holding company and promoters from participating in the bidding process
SC sends Jaypee Infratech insolvency case back to NCLT for fresh look
With this order, homebuyers will be regarded as as financial creditors; promoters of Jaypee Infratech are out of the race for the company