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JAYPEE INFRATECH LENDERS
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....
Fortis, Apollo, Medanta, and Max lead the charge in bidding war for Jaypee HealthcareFortis Healthcare, Apollo Hospitals, Medanta, and Max Healthcare are among companies interested in acquiring Jaypee Healthcare, a subsidiar...
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 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...
Lenders can vote against NBCC proposal to acquire Jaypee Infratech, rules NCLATMost of Jaypee Infratech’s 23,000 homebuyers, who constitute around 58% of the committee of creditors, have not voted on the NBCC plan so f...
Jaypee creditors to put NBCC's revised bid on vote todayBoth home buyers and lenders can vote on the state-owned company’s proposal until June 10.
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 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...
Jaypee Infratech lenders reject NBCC's bid, to vote on Suraksha offer: SourcesThe offer of NBCC, a public sector unit under the aegis of the Ministry of Housing and Urban Affairs, put some other conditions as well.
NBCC sweetens bid for Jaypee Infratech, offers lenders land parcels worth Rs 5k croreThe public sector enterprise, which is also completing some projects of Amrapali Group on the Supreme Court's direction, had offered lender...
Jaypee insolvency: Lenders to meet on April 26 and 30 to consider revised bids of NBCC, SurakshaNBCC and Suraksha group, which are in the race to acquire the Jaypee Group firm, were asked by the lenders to sweeten their offers and both...
Jaypee Infra drops 5% as NBCC submits revised bidA PTI report, quoting sources, on Wednesday suggested that state-owned NBCC submitted its revised bid to acquire Jaypee Infratech.
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.
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 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.
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...
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...
Two independent directors of Jaypee Infratech resignWhile Rau has cited personal reasons for the resignation, Goswami resigned because of his growing age and indifferent health, the debt-ridd...
Jaypee Infratech lenders reject Rs 7,350 crore bid by LakshwadeepA panel of over a dozen lenders, who have to recover nearly Rs 9,800 crore from Jaypee Infratech Ltd met here over the last two days to dec...
No wrongdoings, keen to deliver flats: Jaypee GroupLast week, the insolvency resolution professional appointed for Jaypee Infratech had moved NCLT alleging irregularities in the mortgage of ...