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JIL BANKRUPTCY
SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....- Jaypee Infra insolvency: Consortium lenders, except ICICI Bank, assign their debt to NARCLJaypee Infratech Ltd (JIL) is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency & ...
- NBCC says its bid to acquire Jaypee Infratech compliant, backed by govtNBCC is in the race to acquire Jaypee Infratech Ltd (JIL). In a webinar this Sunday, the NBCC assured homebuyers that its bid is concrete, ...
- Creditors to vote on NBCC's, Suraksha's final offers for bankrupt Jaypee InfratechAccording to sources, the CoC, which includes members of 13 banks and a representative of over 20,000 homebuyers, decided to put to vote th...
- Jaypee Infra IRP files application before Supreme Court seeking extension of insolvency processIn March 2020, NBCC had got approval from the NCLT to acquire JIL.
- Jaypee Infra insolvency: Creditors to consider bids of Suraksha, NBCC on ThursdayAccording to sources, the CoC has decided to consider Suraksha's bid as well, even though it was submitted after the official deadline of J...
- Jaypee Infra insolvency: Suraksha group submits bid just before lenders meet on MondayNBCC, however, submitted its resolution plan. According to sources, Suraksha group has submitted its resolution plan just before the meetin...
- Jaypee Infratech case: Erstwhile promoter JAL demands CoC to consider its offerIn a letter to JIL's Interim Resolution Professional Anuj Jain, the Chairman of Jaiprakash Associates Ltd Manoj Gaur has urged him to consi...
- Creditors' panel defers voting on Suraksha's offer for bankrupt-Jaypee Infratech: IRPSources said homebuyers' representative in the panel will this week conduct a voting process for flatowners to decide whether extra time sh...
- After NBCC salvo, Jaypee's CoC to meet on May 24 ahead of voting on Suraksha bidOn May 20, the Committee of Creditors (CoC) approved Suraksha group's bid and rejected the offer made by NBCC, which on May 22, shot off a ...
- NBCC, Suraksha submit revised bids for Jaypee InfraState-owned NBCC and Suraksha group, which are on the fray to acquire Jaypee Infratech Ltd (JIL) through an insolvency resolution process, ...
- SC extends status quo by a week on Jaypee's insolvency resolution processJaypee Infratech went into insolvency in August 2017 after the National Company Law Tribunal (NCLT) admitted an application filed by an IDB...
- SC orders status quo for 2 weeks on Jaypee Group plea against NCLAT orderThe apex court was informed that Parliament had passed the proposed amendments in the Insolvency and Bankruptcy Code.
- New amendments to IBC will protect interest of homebuyers: Centre to SCThe counsel representing homebuyers’ expressed concern that Jaypee Infratech Ltd (JIL) going into the liquidation could deliver a blow to t...
- Homebuyers seek vote on NBCC’s ‘conditional’ offer on Jaypee projectsAs a conditional bid cannot be accepted, homebuyers fear the committee of creditors (Coc) may reject the proposal in its meeting.
- Jaypee Infratech's lenders discuss evaluation criteria for potential bidderL&T Infrastructure might not be invited for bidding as the company is only interested in taking over Yamuna Expressway project, sources sai...
- Kotak, L&T, NBCC, 2 others submit EoI to take over bankrupt Jaypee InfratechLast year, NCLT had admitted the application by an IDBI Bank-led consortium, seeking resolution for JIL under the Insolvency and Bankruptcy...
- JAL moves Supreme Court , seeks approval of revival plan for JILIn an application filed in the apex court, JAL has also sought permission to monetise or create security of some of its assets to enable th...
- Jaiprakash Associates says no fraud in providing Jaypee Infra's land as collateralThe order came over a petition filed by bankruptcy -hit JIL's resolution professional (RP) Anuj Jain seeking direction over the transaction...
- 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...
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