Page 2 - Jaypee Infra

Voting on Suraksha offer for Jaypee Infra deferred; bidders get more time

Committee of Creditors gives Suraksha and NBCC India seven days to file revised bids.

CoC to review NBCC offer for Jaypee Infra on Monday before vote on Suraksha

Homeowners, Suraksha cry foul; say move illegal as per SC order

Jaypee Infra insolvency: Financial creditors meet on May 15 to discuss bids

Lenders and homebuyers of Jaypee Infratech will meet on May 15 to discuss the revised bids submitted by state-owned NBCC and Suraksha group to acquire debt-laden realty firm through insolvency process

Jaypee Infra insolvency: NBCC, Suraksha group submit revised bids

NBCC and Suraksha group, which are in the race to acquire Jaypee Infratech under the insolvency resolution process, have submitted revised bids and improved their offers for financial creditors.

NCLAT issues notices as Jaypee minority shareholders seek compensation

A three-member NCLAT bench has issued notices to NBCC, IDBI Bank and resolution professional of Jaypee Infratech as well as to the bourses NSE and BSE

Suzlon, Jaypee Infra, others disclose default as Sebi tightens norms

The disclosures were made after a November 2019 Securities and Exchange Board of India's directive asking companies to disclose defaults of 30 days and above

Most homebuyers, some lenders vote for NBCC's bid to acquire Jaypee Infra

This is the third round of bidding process, initiated on the direction of the apex court.

NBCC, Suraksha Realty place final bids to acquire Jaypee Infra

Lenders had asked both the suitors to sweeten their resolution plans and submit their bids by December 3. The final offer made by the two contenders could not be immediately ascertained

Jaypee Infra: Suraksha may offer higher compensation to buyers, lenders

NBCC Ltd is also actively considering offering more land to lenders and reduce timeline for completion of about 20,000 flat

Jaypee Infra insolvency: NBCC may offer more land to lenders in final bid

For homebuyers, NBCC is looking to reduce the deadline for completing pending flats from four years timeline proposed in the bid submitted on November 17

NBCC sweetens bid to buy Jaypee Infra; offers more land, flats to lenders

Jaypee Infratech owed nearly Rs 10,000 crore to bankers

NBCC in a fresh bid for Jaypee Infra, may keep unsold flats of Rs 1,750 cr

This was one of the reasons for lenders voting out the NBCC's resolution plan in June this year

SC orders completion of Jaypee Infra insolvency resolution within 90 days

A bench of justices A M Khanwilkar and Dinesh Maheshwari said it is passing directions in an "exceptional situation" to do complete justice to home buyers, Jaypee group and banks concerned.

Yamuna Expressway authority asked to refund Rs 41.14 cr to Jaypee Infra

In the order, the tribunal also directed the YEIDA to ensure that the development work is not obstructed by the Noida development authority.

NCLAT allows 90 day extension in Jaypee Infra CIRP, allows fresh bids

Appellate tribunal bars Jaypee Infra parent firm from submitting fresh bids

Jaypee Infra lenders reject Suraksha bid; NBCC top choice for homebuyers

According to sources close to the issue, in the worst-case scenario, if the insolvency resolution professional does not come up with any resolution, Jaypee Infratech might head for liquidation