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JAYPEE INFRATECH RESOLUTION
JAL insolvency: Lenders reject Jaypee Infratech's request to accept its bid to acquire bankrupt firmLenders of Jaiprakash Associates Limited declined Jaypee Infratech's resolution plan. Jaypee Infratech sought reconsideration, but creditor...- 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...
- NBCC gets NCLT nod to buy Jaypee InfratechResolution of Jaypee Infratech’s bankruptcy case will provide relief to around 20,000 homebuyers in the company’s residential projects in N...
- 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...
- 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...
- IDBI Bank seeks more time for Jaypee Infratech resolutionTwo people familiar with the development said that the NCLT’s bench heard IDBI’s plea on Monday but scheduled a hearing on May 6.
- 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...
- 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...
- 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.
- State-run NBCC, Suraksha Group bid to acquire beleaguered Jaypee InfratechNBCC Chairman and Managing Director Anoop Kumar Mittal declined to comment on details of the company’s bid.
- 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...
- Jaypee Infratech climbs 3% as lenders approve evaluation criteria for biddersJaypee Infratech is undergoing insolvency proceedings in the NCLT.
- 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...
- 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.
- 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, ...
- 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.
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