In June 2021, the Suraksha group received the approval of financial creditors and homebuyers to takeover the Jaypee Infratech Ltd, raising ...

In the first round of insolvency proceedings, the Rs 7,350 crore bid of Lakshdeep, part of Suraksha Group, was rejected by lenders. Lenders...

Crisis-hit Jaypee group firm Jaypee Infratech went into insolvency in 2017 after the National Company Law Tribunal (NCLT) admitted an appli...

Earlier, the creditors' panel did not allow vote on NBCC's bid citing lack of approvals from the government departments. NBCC has now got a...

NBCC and Suraksha group, which are in the race to acquire the Jaypee Group firm, were asked to sweeten their offers by the lenders.

The committee also approved the extension of CIRP (Corporate Insolvency Resolution Process) for further period of 90 days with a voting per...

NBCC, Kotak Investment, Singapore-based Cube Highways and Suraksha group have been shortlisted as bidders for Jaypee Infratech.

Both the proposals were passed with members representing over 60 per cent of the voting rights assented to them.

Jaypee Infratech, a subsidiary of Jaypee Group’s flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...

Jaypee Infratech, a subsidiary of Jaypee Group's flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...

Rejecting Jaypee Associates plea, Supreme Court allowed the NCLT to proceed on insolvency proceedings.

In a regulatory filing, JAL said that the entire transaction was done at the behest of the banks in normal course of business.

The revival offer is part of plans to pull Jaypee Infratech out of the bankruptcy knot.

Jaiprakash 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, ...

Jaypee Infratech has been taken over by a NCLT-appointed Insolvency Resolution Professional (IRP) for recovery of bad loans.

The Allahabad bench of the National Company Law Tribunal (NCLT) on August 9 classified Jaypee Infratech as insolvent on the petition filed ...

Jaypee Infratech, a part of the debt-ridden Jaypee group, has defaulted on Rs 526.11 crore outstanding loan to IDBI.