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 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...
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...
Jaypee Infratech insolvency: Lenders, homebuyers ask Suraksha group to improve bidA Committee of Creditors (CoC) met on Saturday to discuss the revised bids of state-owned NBCC and Suraksha group for acquiring Jaypee Infr...
Independent directors in a fix after SC order on asset transfer in Jaiprakash Associates caseSeveral independent directors on boards of cos are now seeking legal advice to find out to what extent they can be held liable for any oper...
Jaypee flat buyers seek investigation of assets; shares plunge up to 7%A group of 400 flat buyers of Jaypee Group moved SC seeking protection under Consumer Law.
NBCC to rescue 30,000 Jaypee homebuyers?The Jaypee case is being seen as an acid test for the new insolvency law. Homebuyers face an uphill task of seeking their claims in the ins...
Supreme Court stays insolvency resolution proceedings against Jaypee InfratechThe court issued notices to Jaypee, its parent company Jaiprakash Associates, the RBI, IDBI Bank, the ministry of finance and the ministry ...
Supreme Court adjourns hearing in Jaypee Infra case to September 4Supreme Court has asked around 300 homebuyers to file the consolidated petition and to avoid the multiplication of cases.
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...
Insolvency covers 27 Jaypee projects: Insolvency Resolution ProfessionalThe role of Jaypee Associates in the current crisis has come under the scanner. Although the current round of insolvency proceedings have b...
CCI orders probe against Jaypee Greens in Greater Noida realty projectFair trade regulator CCI has ordered a probe against realty firm Jaypee Greens for alleged violation of the competition norms in a housing ...