The recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...

On May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...

Dalmia Cement has acquired key cement assets from Jaiprakash Associates for ₹2,850 crore. This deal, facilitated by the Adani Group's insol...

Jaiprakash Gaur is confident the Adani Group will lead Jaiprakash Associates Limited forward. The Adani Group has been selected as the succ...

A panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...

IDBI Bank in August last year moved the National Company Law Tribunal to commence proceedings against Jaypee Infratech under the Insolvency...

Group company Jaypee Infratech is facing insolvency proceedings and its parent company, Jaiprakash Associates Ltd, has been ordered by the ...

Buyers have come together under the umbrella of Kasa Isles Welfare Association and submitted their proposal to the resolution professional.

They have also requested that an escrow account be created with the buyers, for the protection of funds that are to be deposited by buyers ...

The 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 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...

Senior 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 has asked around 300 homebuyers to file the consolidated petition and to avoid the multiplication of cases.

Resolution of the insolvency process will ensure that homebuyers get their flats, loan is restructured to extend repayment time as per the ...

The role of Jaypee Associates in the current crisis has come under the scanner. Although the current round of insolvency proceedings have b...

The 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, a part of the debt-ridden Jaypee group, has defaulted on Rs 526.11 crore outstanding loan to IDBI.