Page 3 - Jaypee Infratech

Committee of creditors rejects NBCC resolution plan for Jaypee Infratech

Lenders to vote on Suraksha plan from Monday

Bidders running out of patience as Jaypee Infra bankruptcy gets delayed

Despite being sent to the bankruptcy courts in August 2017 and SC orders, lenders await resolution of Rs 22,000 cr debt

Jaypee Infratech insolvency: Suraksha emerges as the highest bidder

The company was sent for debt resolution in 2017 under the Insolvency and Bankruptcy Code 2016 after it defaulted on debt worth Rs 22,000 crore and failed to construct houses in time for homeowners

Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha to improve bid

Earlier this month, NBCC and Mumbai-based Suraksha group submitted their revised bids to acquire Jaypee Infratech through an insolvency process

NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech

This is the fourth round of bidding process for Jaypee Infratech, which went into insolvency proceedings in August 2017

Decade on, wait for a roof still far cry for Jaypee Infratech homebuyers

Apex court has sent case back to lenders, allowing previous two bidders to furnish revised plan

SC remits to creditors Jaypee Infratech's resolution plan for approval

The Supreme Court Wednesday remitted to the Committee of Creditors (CoC) the issue of approval of resolution plan for debt-ridden Jaypee Infratech Ltd (JIL)

5 of 12 large NPAs complete transfer of management control

Central bank mandated the companies for resolution; BPSL, Jaypee Infratech and Amtek Auto in last leg of that process

SC appalled over arrest of court-appointed Interim Resolution Professional

Anuj Jain was appointed by the top court under the Insolvency and Bankruptcy Code (IBC) and was entrusted with the task to ensure functioning of Jaypee Infratch

Jaypee Infratech posts net loss of Rs 472.36 cr in December quarter

Jaypee Infratech on Thursday reported a consolidated net loss of Rs 472.36 crore for the quarter ended in December

Jaypee Infratech's chief financial officer Pramod Kumar Aggarwal resigns

IMC formed pursuant to directions of NCLAT had requested Aggarwal to continue till July 31, 2020, for smooth functioning/transition

Jaypee Infratech delisting: Shareholders move NCLAT, seek fair exit price

The shareholders have also requested the NCLAT to pass a direction to the stock exchanges BSE and NSE not to delist the share of Jaypee Infratech till they are adequately compensated

Govt orders probe against Jaiprakash Associates, Jaypee Infratech

The Jaypee group has already sold many cement and power plants to reduce its debt

Rs 750 cr paid by JAL was towards obligation of Jaypee Infratech: NCLT

The NCLT Delhi bench on Tuesday approved the bid of state-owned NBCC to acquire debt-laden JIL through an insolvency process and complete around 20,000 pending flats over the next three and half years

NCLT approves NBCC's resolution plan for Jaypee Infratech with some tweaks

NBCC has proposed to complete over 20,000 flats in the next three-and-a-half years

NBCC gets NCLT nod to acquire Jaypee Infratech through insolvency process

In its hearing on Tuesday, the Principal bench of NCLT,headed by Acting President B S V Prakash Kumar, gave a go-ahead to the resolution plan of NBCC

SC asks Jaiprakash Associates to return pledged land to group firm Jaypee

The NCLAT had allowed the pleas of all banks as well as JAL and held that the transactions were genuine and the allegation of undervaluation was not justified

Jaypee Infra's IRP approaches NCLT Allahabad for approval of NBCC's bid

Last month, NBCC won the bid to acquire Jaypee Infratech after financial creditors, including lenders and homebuyers, approved its resolution plan

Suraksha Realty confident of acquiring Jaypee Infra, voting from Dec 10

Suraksha Realty is owned by Sudhir Valia, the brother-in-law of Sun Pharma promoter Dilip Shanghvi

Govt must weed out benami ownership

It is common knowledge that real estate and gold are preferred areas for parking black money