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JAYPEE INSOLVENCY PROCEEDINGS
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...
Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeoverDalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...
Vedanta questions metrics behind Adani’s winning bid for JALVedanta Group is challenging the selection of Adani Enterprises' bid for Jaiprakash Associates Ltd. Vedanta claims its offer was significan...
Legacy of Jaiprakash Associates will be carried forward under Adani: Jaiprakash GaurJaiprakash Gaur is confident the Adani Group will lead Jaiprakash Associates Limited forward. The Adani Group has been selected as the succ...
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...
Supreme Court refuses to halt bidding process for Jaypee InfratechIDBI Bank in August last year moved the National Company Law Tribunal to commence proceedings against Jaypee Infratech under the Insolvency...
Jaypee seeks ‘loan’ from senior executivesGroup company Jaypee Infratech is facing insolvency proceedings and its parent company, Jaiprakash Associates Ltd, has been ordered by the ...
600 homebuyers join hands, bid for completing a part of Jaypee projectBuyers have come together under the umbrella of Kasa Isles Welfare Association and submitted their proposal to the resolution professional.
Buyers seek Rs 15,000 crore cover from JaypeeThey have also requested that an escrow account be created with the buyers, for the protection of funds that are to be deposited by buyers ...
SC asks JP Associates to deposit Rs 2,000 crore; shares tumbleThe apex court allowed Jaypee associates to raise Rs 2,000 crore by selling land or any properties with the prior approval of the IRP.
IDBI Bank moves Supreme Court against stay on Jaypee insolvency proceedingsIDBI Bank lender said the stay, sought by buyers yet to get possession of their flats, takes the co out of the control of the insolvency pr...
IDBI moves Supreme Court against stay of insolvency proceedings against Jaypee InfratechSenior advocate A M Singhvi, appearing for the bank, said the Jaypee group was in charge of the company again because of yesterday's apex c...
Supreme Court adjourns hearing in Jaypee Infra case to September 4Supreme Court has asked around 300 homebuyers to file the consolidated petition and to avoid the multiplication of cases.
Value of Jaypee assets more than its dues, says bank plea at tribunalResolution of the insolvency process will ensure that homebuyers get their flats, loan is restructured to extend repayment time as per the ...
Yamuna Expressway Authority assures refunds to Jaypee home buyersThe decision of refunding the buyers' money was conveyed to the builder about three months ago. The first instalment of the refund is to be...
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.