Jaypee Associates
Lenders ask Vedanta, Adani to revise Jaiprakash bids, detail funding plans
Lenders have asked Vedanta, Adani and other suitors for Jaiprakash Associates to submit revised bids and prove funding strength amid debt and asset viability concerns
 "Lenders ask Vedanta, Adani to revise Jaiprakash bids, detail funding plans")
Vedanta outbids Adani to buy bankrupt JAL with ₹17,000 crore offer
The bid, with a net present value (NPV) of ₹12,505 crore, is the highest recovery plan placed so far for the debt-laden company, the people said
 "Vedanta outbids Adani to buy bankrupt JAL with ₹17,000 crore offer")
NCLAT upholds insolvency order against Jaypee Cement, dismisses appeal
The National Company Law Appellate Tribunal confirms insolvency proceedings against Jaypee Cement Corporation Ltd, rejecting appeal and reinforcing earlier tribunal ruling on debt defaults
 "NCLAT upholds insolvency order against Jaypee Cement, dismisses appeal")
NARCL sole bidder to buy Rs 50K cr bad loans of Jaiprakash Associates
NARCL has made an offer of Rs 12,000 crore to acquire the debt of 25 lenders on a 15:85 cash-to-security receipts basis
 "NARCL sole bidder to buy Rs 50K cr bad loans of Jaiprakash Associates")
Lenders request RBI approval to sell Jaiprakash Associates loan to NARCL
SBI-led lenders are pursuing RBI clearance to shift real estate firm's Rs 18,000 crore debt to NARCL in a Rs 10,000 crore deal
 "Lenders request RBI approval to sell Jaiprakash Associates loan to NARCL")
Jaypee Infra promoters propose to repay all lenders, complete projects
Appellate tribunal reserves order on extending CIRP time of JIL, likely to pronounce order on July 29.
 "Jaypee Infra promoters propose to repay all lenders, complete projects")
SC asks Jaypee to deposit Rs 10 bn more by June 15 for refund to homebuyers
The apex court had earlier directed JAL to deposit Rs 20 billion with the apex court Registry. So far, the real estate firm has deposited Rs 7.50 billion
 "SC asks Jaypee to deposit Rs 10 bn more by June 15 for refund to homebuyers")
SC tells Jaypee Associates to arrange Rs 2,000 crore before next hearing
Company counsel Anupam Lal Das aid that the Jaypee Associates will be depositing Rs 400 crore every month starting with January 2018
 "SC tells Jaypee Associates to arrange Rs 2,000 crore before next hearing")
Jaypee account an NPA, banks may invoke SDR: SBI official
Jaiprakash Associates had a consolidated debt of Rs 58,250 crore as of March 31
 "Jaypee account an NPA, banks may invoke SDR: SBI official")
Jaypee Associates reveals default on Rs 4.5k-cr debt
The company reported a loss of Rs 3,240 crore on revenues of Rs 8,794 crore - thanks to the slowdown in the infrastructure sector
 "Jaypee Associates reveals default on Rs 4.5k-cr debt")
