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JAYPEE BANKRUPTCY PROCEEDINGS
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...
- Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeoverDalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...
- 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...
- 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 homebuyers matter: SC asks Centre to come out with uniform proposalThe apex court, which was hearing a homebuyers matter related to Jaypee Infratech Ltd, said the issue concerns lakhs of flat buyers and the...
- Jaypee Infra hits upper circuit on revival planThe revival offer is part of plans to pull Jaypee Infratech out of the bankruptcy knot.
- Jaypee promoters submit over Rs 10,000 crore revival plan for Jaypee InfratechLakshadweep, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, had made a Rs 7,...
- 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...
- Banks asked not to move NCLT against Jaiprakash AssociatesThe ruling followed an appeal by hundreds of homebuyers after IDBI Bank filed insolvency proceedings in August against Jaypee Infratech, a ...
- Jaypee homebuyers finally get possession lettersAround 950 possession letters were offered by the company during August and September, while another 200 letters have been handed over so f...
- 35 Jaypee Town Homes villas set for handover, Kosmos towers nextAccording to the officials, the realtor had applied for completion for the 35 villas located in Town Home project a week ago.
- Value of Jaypee assets more than its dues, says bank plea at tribunalResolution of the insolvency process will ensure that homebuyers get their flats, loan is restructured to extend repayment time as per the ...
- Yamuna Expressway Authority assures refunds to Jaypee home buyersThe decision of refunding the buyers' money was conveyed to the builder about three months ago. The first instalment of the refund is to be...
- Our full sympathy with agitating Noida home buyers: Arun Jaitley"If there is any such move, the government’s full sympathy is with those who have paid money and have rights on the flats,” the minister sa...
- Jaypee Infratech hits lower circuit as govt plans to sell assets to complete flatsJaypee Infratech, a part of the debt-ridden Jaypee group, has defaulted on Rs 526.11 crore outstanding loan to IDBI.
- Government weighs Jaypee assets sale to complete stuck housing projectsHundreds of home buyers had been left in lurch after the NCLT admitted bankers' plea for initiating insolvency proceedings against the real...
- 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...
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