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JAIPRAKASH ASSOCIATES LOAN
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
Lenders seek RBI clearance to sell Jaiprakash Associates loan to NARCLSBI-led lenders seek RBI approval to transfer JAL's ₹18,000 crore debt to NARCL for a ₹10,000 crore acquisition, impacting IBC processes an...
JP Associates offers to clear debt of ₹10,000 crore in 2 years"Principal repayments on the company's loans are due in 2037. Their proposal is that limits should be released, and operations allowed to c...
Jaiprakash Associates defaults on Rs 4,258 crore loansJaiprakash Associates Ltd (JAL), the flagship company of the crisis-hit Jaypee Group, has disclosed a default on loans amounting to Rs 4,25...
Jaiprakash Associates defaults on Rs 4,044-crore loansThe loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term ...
Jaiprakash Associates defaults on Rs 4,044 crore loansJaiprakash Associates, the flagship firm of the crisis-hit Jaypee Group, has defaulted on loans of INR40.44bn ($538.8m), covering both prin...
Jaiprakash Associates defaults on Rs 3,961-crore loans on May 31The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term ...
Jaiprakash Associates defaults on $508 million loan repaymentThe flagship company of the infrastructure-focused Jaypee Group has borrowings of Rs 29,396 crore, which are due for repayment by 2037, it ...
Jaiprakash Associates defaults on Rs 4,059 crore loansThe loans pertained to various banks and the nature of obligation is fund based working capital, non fund based working capital, term loans...
Jaiprakash Associates lenders make fresh attempts to restructure loanThe RBI had recommended Jaiprakash Associates for insolvency resolution in its second list of companies that was sent to lenders in 2017.
JP Associates in talks to sell cement biz to ACC for Rs 5,200 croreJaypee has entered into an exclusivity agreement with ACC till July 31.
Mortgage of Jaypee Infratech land to get loans for JAL was fraudulent: NCLTAs per the NCLT order, the transactions that have been deemed fraudulent are the mortgage deeds of 335 acres in favour of Axis Trustee Serv...
Jaiprakash Associates denies allegation of fund diversion from Jaypee InfratechJaiprakash Associates said it "shall file its response to such application, as reported to have been filed before the Hon'ble Court, at the...
Homebuyers claim JP Associates diverted over Rs 10000 crore from armAccording to the ASA report, Jaypee Infratech has spent a minimum amount of Rs 13,283 crore toward the development of the Yamuna Expressway...
Jaiprakash Associates approves debt restructuringThe company had called a board meeting to consider the recommendations of the audit committee on the debt restructuring process approved by...
Jaypee Group defaults on Rs 4,460 cr debt, paymentsThe Group has on a consolidated basis failed to repay Rs 2,905.6 crore in principal amount to banks and another Rs 1,558.93 crore crore in ...
JP-UltraTech Cement deal: Stressed lenders to receive about Rs 4,000 croreAccording to sources Indian banks will receive about Rs 4,000 crore from the sale of Jaiprakash Associates’ cement units to UltraTech Cemen...
- Jaypee Infratech sells stake for Rs 1,150 cr to ICICI Bank
Jaypee Infratech Ltd, a subsidiary of the diversified business group Jaiprakash Associates, has raised Rs 1,150 crore by offloading one per...