Jaypee Infratech creditors' panel to discuss NBCC's bid on May 9

The creditors panel of debt-ridden Jaypee Infratech will meet on May 9 to discuss the bid of state-owned NBCC Ltd to acquire the Jaypee group realty firm.

The meeting has been called as creditors on Friday rejected the bid of Mumbai-based Suraksha Realty group, which was the lone contender after NBCC's offer was rejected in absence of approvals from the government departments.

In a regulatory filing, Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain informed that a meeting of committee of creditors (CoC) has been called on May 9.

The agenda of the meeting was not disclosed in the regulatory filing.

However, sources said