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JAYPEE INFRATECH HOMEBUYERS
Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposureThe Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks' dealings with r...
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....
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 ...
Suraksha group gets lenders, homebuyers' approval to buy debt-laden Jaypee InfratechThe 10-day-long voting process on the takeover proposals submitted by NBCC and Suraksha group ended on Wednesday afternoon. More than 98 pe...
Banks assure homebuyers of support for Jaypee Infra resolution, not keen on liquidationAround 20,000 home buyers have been waiting to get delivery of their homes following the Allahabad bench of the NCLT classified Jaypee Infr...
Jaypee homebuyers request PM Narendra Modi to interveneJaypee Infratech’s committee of creditors (CoC) had on December 18, 2019 selected NBCC to acquire the company with 97.36% of the votes. The...
Homebuyers rue Supreme Court order on Jaypee InfratechThe home owners are not happy with the SC order. “This is like playing with the emotions of homebuyers,” said Rajeev Verma, a homebuyer in ...
Majority of homebuyers, some lenders vote in favour of NBCC bid to acquire Jaypee InfraThe simultaneous voting to bids of both the contenders — NBCC and Mumbai-based Suraksha Realty — started on Dec 10 and ended tonight at 11....
Jaypee homebuyers' body urges flat owners, bankers to vote for NBCC bid in insolvency processOn December 7, a committee of creditors (CoC) decided that homebuyers and lenders of Jaypee Infratech will vote on the bids of NBCC Ltd and...
JSW Infra lends support to Suraksha Realty in turnaround of Jaypee InfratechJSW Infra said it has issued a letter of support to Suraksha Realty to give financial, strategic and technical assistance in the delivery o...
NCLAT opens doors for Adani, others to bid for Jaypee InfratechThe committee of creditors of Jaypee Infratech had rejected a resolution plan by state-owned construction firm NBCC with lenders unanimousl...
Jaypee Infratech creditors meet to take stock of insolvency processThe NCLAT had clarified on June 10 that it did not bar lenders from voting against state-owned NBCC's resolution plan. It also directed Jay...
Setback for Jaypee buyers in plan to shore up votes for NBCC bidThe decision will lead to further uncertainty in the resolution process of Jaypee Infratech, the real estate company behind ambitious proje...
Jaypee Infra insolvency: Homebuyers want NBCC bid to be reconsidered; say no faith in private cosAggrieved buyers, who have booked flats in Jaypee Infratech projects, also complained that voting process is not being carried out in a fai...
- Jaypee Infratech insolvency: NBCC wants its bid to be considered on merit
In its meeting on April 26, a committee of creditors (CoC) decided not to consider NBCC's bid as it was subject to approval of various gove...
For now, Jaypee lenders unlikely to entertain possible Adani bidThe second round of Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code is underway.
Jaypee home buyers seek clarity on resolution plan from IRPIn a letter to IRP Anuj Jain on Friday, about 2,400 homebuyers of Noida’s Wish Town project said the move would provide clarity on the time...
JAL files petition in SC looking to sell Yamuna Expressway tollThe court said it will hear the matter on October 23. Last month the top court had directed the company to deposit Rs 2,000 crore with it b...
Homebuyers of Jaypee Wish Town banking on IRPHomebuyers urged the apex court to declare homebuyers as ‘secured creditors’ to help them get first right on the company’s asset in case of...
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 ...