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JAYPEE BANKRUPTCY CASE
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....- 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...
- Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
- Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
- After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency caseEnterprises has filed a caveat before the Supreme Court anticipating a challenge by Vedanta against the National Company Law Appellate Trib...
- NCLAT reserves order in Jaypee insolvency case; Vedanta alleges flawed evaluation, Adani defends bidding processThe National Company Law Appellate Tribunal has reserved its judgment in the Jaypee insolvency case. Vedanta Group argued the resolution pr...
- After 15-year wait, JAL homebuyers pin hopes on Adani plan for long-delayed homesHomebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Co...
- IBBI panel suggests project-wise insolvency resolution for real estate sectorA panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...
- Jaypee Infra will get back 858 acres: Supreme CourtThe move is not only a setback to JAL's lenders - including ICICI Bank, Axis Bank, SBI and Standard Chartered Bank - but has also set a pre...
- 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.
- Jaypee insolvency: Lenders to meet on April 26 and 30 to consider revised bids of NBCC, SurakshaNBCC and Suraksha group, which are in the race to acquire the Jaypee Group firm, were asked by the lenders to sweeten their offers and both...
- Jaypee Infra faces liquidation as resolution eludes realty companyAs per the Bankruptcy Code, a resolution plan must be approved within 270 days of a company’s admission to the NCLT. That deadline ended Sa...
- Home buyers are main sufferer of real estate industry, neither getting home nor refund: SCThe court's observations came as it heard a plea of thousands of home-buyers in Jaypee Infratech Ltd(JIL) projects seeking the refund of mo...
- Have helpless Jaypee buyers thwarted fight on bad debt?RERA has a provision that it would override all other laws and Insolvency and Bankruptcy Code.
- 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 ...
- 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...
- Jaypee Wish Town project homebuyers protest at firm's officeAccording to the SHO of Noida Expressway police station, over 400 people protested at the company's office here and personnel from four to ...
- NCLT admits insolvency petition of IDBI against Jaypee InfratechThe Allahabad bench of NCLT has admitted the petition filed by IDBI Bank under Section 7 of Insolvency and Bankruptcy Code 2016, Jaypee Inf...
- Jaypee buyers float online petition to save builder from impending bankruptcyThe campaign has been started following a directive from the RBI to lending banks to file an application under insolvency and bankruptcy co...
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