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JAYPEE INSOLVENCY CASE
JAL shares delist from BSE and NSE today: Will its 6.5 lakh shareholders get anything?Jaiprakash Associates shares were delisted from the BSE and NSE on Thursday, marking the closure of one of India's longest-running insolven...
JAL shares to delist from BSE and NSE on Thursday. What happens to its 6 lakh shareholders?Jaiprakash Associates is set to be delisted from the BSE and NSE from June 18 following the completion of insolvency proceedings and Adani ...
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....
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...
After NCLAT relief, Adani moves SC with caveat against possible Vedanta appeal in Jaypee insolvency caseEnterprises has filed a caveat before the Supreme Court anticipating a challenge by Vedanta against the National Company Law Appellate Trib...
NCLAT dismisses Vedanta plea against Adani’s Jaiprakash Associates bid, upholds NCLT orderThe National Company Law Appellate Tribunal has dismissed Vedanta's challenges against Adani Enterprises' winning bid for Jaiprakash Associ...
NCLAT reserves order in Jaypee insolvency case; Vedanta alleges flawed evaluation, Adani defends bidding processThe National Company Law Appellate Tribunal has reserved its judgment in the Jaypee insolvency case. Vedanta Group argued the resolution pr...
After 15-year wait, JAL homebuyers pin hopes on Adani plan for long-delayed homesHomebuyers who booked properties 15 years ago with Jaiprakash Associates Limited (JAL) are anticipating possession following the Supreme Co...
IBBI panel suggests project-wise insolvency resolution for real estate sectorA panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...
SC extends status quo by a week on Jaypee's insolvency resolution processJaypee Infratech went into insolvency in August 2017 after the National Company Law Tribunal (NCLT) admitted an application filed by an IDB...
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...
NBCC to rescue 30,000 Jaypee homebuyers?The Jaypee case is being seen as an acid test for the new insolvency law. Homebuyers face an uphill task of seeking their claims in the ins...
Supreme Court stays insolvency resolution proceedings against Jaypee InfratechThe court issued notices to Jaypee, its parent company Jaiprakash Associates, the RBI, IDBI Bank, the ministry of finance and the ministry ...
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 resolution professional rules out refund possibility for home buyers in Jaypee caseThe Allahabad bench of NCLT on August 9 classified Jaypee Infratech as insolvent on the petition filed by IDBI Bank under Section 7 of Inso...
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...
What if your builder becomes insolvent? Road ahead for Jaypee buyersJaypee Infratech is a test case where different, and sometimes colliding, laws will be interpreted for all future cases.
We'll look out for you: Noida Authority CEO to Jaypee homebuyersJaypee had in April this year promised to deliver all apartments in its mega housing project in Noida, Wish Town, by 2020.