Jaypee Infra insolvency: NCLT may pass judgement Tuesday on Suraksha bidIn June 2021, the Suraksha group received the approval of financial creditors and homebuyers to takeover the Jaypee Infratech Ltd, raising ...
06 Mar, 2023, 10.51 PM IST
NBCC, Suraksha Realty asked to submit fresh bids to acquire Jaypee InfratechIn the first round of insolvency proceedings, the Rs 7,350 crore bid of Lakshdeep, part of Suraksha Group, was rejected by lenders. Lenders...
13 Nov, 2019, 03.09 PM IST
Jaypee Infratech insolvency: Lenders to meet on November 18 to comply with Supreme Court directionCrisis-hit Jaypee group firm Jaypee Infratech went into insolvency in 2017 after the National Company Law Tribunal (NCLT) admitted an appli...
12 Nov, 2019, 08.21 PM IST
Jaypee Infratech lenders decide to put NBCC’s revised bid on voteEarlier, the creditors' panel did not allow vote on NBCC's bid citing lack of approvals from the government departments. NBCC has now got a...
14 May, 2019, 04.04 PM IST
NBCC submits revised bid for Jaypee InfratechNBCC and Suraksha group, which are in the race to acquire the Jaypee Group firm, were asked to sweeten their offers by the lenders.
24 Apr, 2019, 10.11 PM IST
Jaypee Infratech lenders extend deadline till February 15 for resolution plansThe committee also approved the extension of CIRP (Corporate Insolvency Resolution Process) for further period of 90 days with a voting per...
24 Jan, 2019, 05.40 PM IST
Jaypee Infratech bankruptcy: Lenders may extend deadline for revival plan by 15 daysNBCC, Kotak Investment, Singapore-based Cube Highways and Suraksha group have been shortlisted as bidders for Jaypee Infratech.
22 Jan, 2019, 09.02 PM IST
Jaypee Infratech: Lenders, home buyers approve evaluation criteria for bankruptcy processBoth the proposals were passed with members representing over 60 per cent of the voting rights assented to them.
27 Dec, 2018, 08.34 PM IST
NBCC, Kotak Investment among 4 shortlisted bidders for Jaypee InfraJaypee Infratech, a subsidiary of Jaypee Group’s flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...
06 Dec, 2018, 11.49 AM IST
NBCC, Kotak among 4 shortlisted bidders for Jaypee Infratech; L&T Infra out of raceJaypee Infratech, a subsidiary of Jaypee Group's flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...
05 Dec, 2018, 10.42 PM IST
Jaiprakash Associates, Jaypee Infratech plunge up to 6% after SC rulingRejecting Jaypee Associates plea, Supreme Court allowed the NCLT to proceed on insolvency proceedings.
09 Aug, 2018, 01.13 PM IST
Jaiprakash Associates to appeal against NCLT orderIn a regulatory filing, JAL said that the entire transaction was done at the behest of the banks in normal course of business.
20 May, 2018, 04.48 PM IST
Jaypee Infra hits upper circuit on revival planThe revival offer is part of plans to pull Jaypee Infratech out of the bankruptcy knot.
08 May, 2018, 12.10 PM IST
IndusInd Bank invokes 6 crore pledged shares of Jaypee InfratechJaiprakash Associates had 89.5 cr shares, about 64.44% stake, in Jaypee Infratech as on December 31, 2017. Of the total shares held by it, ...
05 Mar, 2018, 08.19 PM IST
Jaypee Infratech CFO Ram Bahadur Singh resignsJaypee Infratech has been taken over by a NCLT-appointed Insolvency Resolution Professional (IRP) for recovery of bad loans.
16 Jan, 2018, 07.54 PM IST
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 ...
23 Aug, 2017, 09.52 AM IST
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.
16 Aug, 2017, 03.57 PM IST