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JAYPEE INFRATECH INSOLVENCY
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 Infratech insolvency: NBCC sweetens bid, to offer up to 1,903 acres land to lendersEarlier this month, NBCC and Mumbai-based Suraksha group submitted their fresh bids to acquire Jaypee Infratech through the insolvency proc...
- Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha group to improve bid, seek more land parcelsJaypee Infratech's lenders have asked state-owned NBCC Ltd and Suraksha group to improve their bid and offer more land parcels under an ins...
- 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...
- SFIO to probe Jaiprakash Associates, Jaypee Infratech for financial irregularitiesJaypee group, which is into construction, cement, power, real estate, hotel and hospital businesses, has been facing crisis in the last few...
- Jaypee Infra's IRP approaches NCLT Allahabad for approval of NBCC's bidLast month, NBCC won the bid to acquire Jaypee Infratech after financial creditors, including lenders and homebuyers, approved its resoluti...
- 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....
- NBCC, Suraksha Realty submit revised bid for Jaypee InfratechBoth NBCC and realty developers Suraksha Realty have submitted revised bids for Jaypee. While Suraksha Realty has upped its offer to Rs 7,9...
- NBCC may revise bid for Jaypee Infratech, likely to keep unsold flats of Rs 1,750 croreNBCC and Suraksha Realty are likely to submit their revised offers on Sunday as sought by Interim RP. A meeting of CoC has been convened on...
- 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...
- 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...
- Jaypee Infratech insolvency: NBCC wants its bid to be considered on meritIn 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.
- Fraud charge on Jaypee Infra in insolvency courtThe move took place at a time when banks had started classifying Jaypee Infratech as a “non-performing asset” due to loan defaults.
- 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.
- 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.
- Homebuyers move Supreme Court to ensure Jaypee pays for completing projectThe plea, filed by a group of nine home buyers’ associations, comes after IDBI Bank moved the apex court on Thursday for lifting the stay.
- 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 ...
- 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...
- 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.
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