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IRP INFRATECH
Rare earth magnet scheme: Coal India, IRP seek no sops; other contenders include ReNew, ProzealThe scheme will run for seven years from the date of award, including a two-year gestation period for setting up an integrated manufacturin...
Suraksha Realty raises objections to lenders, IRP for not putting highest bid on voteOn Tuesday, Suraksha Realty wrote to both Interim resolution professional (IRP) and the Committee of Creditors (CoC) to express its displea...
NBCC, Suraksha Realty asked to submit fresh bids to acquire Jaypee InfratechIn the first round of insolvency proceedings, the Rs 7,350 crore bid of Lakshdeep, part of Suraksha Group, was rejected by lenders. Lenders...
Jaypee Infratech insolvency: Lenders to meet on November 18 to comply with Supreme Court directionCrisis-hit Jaypee group firm Jaypee Infratech went into insolvency in 2017 after the National Company Law Tribunal (NCLT) admitted an appli...
- Jaypee Infratech insolvency: NBCC wants its bid to be considered on merit
In its meeting on April 26, a committee of creditors (CoC) decided not to consider NBCC's bid as it was subject to approval of various gove...
Two independent directors of Jaypee Infratech resignWhile Rau has cited personal reasons for the resignation, Goswami resigned because of his growing age and indifferent health, the debt-ridd...
NCLT to pronounce orders on Lanco's liquidation plea on Aug 27According to a regulatory filing by Lanco, Employee Welfare Association of Lanco also filed a petition before the tribunal seeking to know ...
Jaypee Infra hits upper circuit on revival planThe revival offer is part of plans to pull Jaypee Infratech out of the bankruptcy knot.
IndusInd Bank invokes 6 crore pledged shares of Jaypee InfratechJaiprakash Associates had 89.5 cr shares, about 64.44% stake, in Jaypee Infratech as on December 31, 2017. Of the total shares held by it, ...
Fraud charge on Jaypee Infra in insolvency courtThe move took place at a time when banks had started classifying Jaypee Infratech as a “non-performing asset” due to loan defaults.
Supreme Court refuses to halt bidding process for Jaypee InfratechIDBI Bank in August last year moved the National Company Law Tribunal to commence proceedings against Jaypee Infratech under the Insolvency...
Jaypee Infratech CFO Ram Bahadur Singh resignsJaypee Infratech has been taken over by a NCLT-appointed Insolvency Resolution Professional (IRP) for recovery of bad loans.
Jaypee home buyers seek clarity on resolution plan from IRPIn a letter to IRP Anuj Jain on Friday, about 2,400 homebuyers of Noida’s Wish Town project said the move would provide clarity on the time...
Vedanta submits initial EoI for Jaypee InfratechThe statement comes amid reports that Vedanta is among the few players who have shown interest in buying Jaypee Infratech in full or in par...
JP Associates-JSW keen on resolution of Jaypee InfraJaiprakash Associates Ltd (JAL), part of the Jaypee group, also said that the Jaypee Infratech Ltd (JIL) has more assets than liabilities a...
Jaypee Infra may raise up to Rs 2,000 croreWhile IDBI is the lead lender to Jaypee Infratech, ICICI Bank is the lead lender to Jaypee Associates.
What happens if Jaypee home buyers fail to file their claim by August 24IRP will consider claim on the basis of the Company's record (SOA) and books of account and decide after its verification in accordance wit...
Jaypee homebuyers need to file claim form: Here's how to do itThe Allahabad bench of the National Company Law Tribunal (NCLT) on August 9 classified Jaypee Infratech as insolvent on the petition filed ...
Here's how home buyers of these 27 Jaypee projects need to submit claim to IRPMany people who had bought homes from Jaypee face uncertainty over when, or if at all, they will get possession as the company has now decl...
Insolvency resolution professional rules out refund possibility for home buyers in Jaypee caseThe Allahabad bench of NCLT on August 9 classified Jaypee Infratech as insolvent on the petition filed by IDBI Bank under Section 7 of Inso...