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JAYPEE SURAKSHA DEAL
Jaypee Infra insolvency: Suraksha group to pay 1st instalment of Rs 133 cr to YEIDA before Aug 24Suraksha Group, now controlling debt-ridden Jaypee Infratech, will pay ₹133 crore to Yamuna Expressway Industrial Development Authority (YE...- Relief for 20,000 homebuyers! Suraksha Group finally takes over Jaypee Infratech via insolvency processAccording to a regulatory filing by Jaypee Infratech on Wednesday, Suraksha Group informed the IMC (Implementation and Monitoring Committee...
- NCLT to hear plea on approval of Suraksha's bid for Jaypee Infratech on October 26The Delhi-based Principal bench of the tribunal, comprising Acting President Bhaskara Pantula Mohan and Member Sumita Purkayastha said it w...
- No homes for 5,00,000 homebuyers. What should be done? Jaypee/Suraksha deal brings focus back on lakhs of unfinished flatsTill recently, real estate was largely unregulated, allowing builders to launch projects without any scrutiny. Land purchase wasn’t finance...
- Jaypee Infratech insolvency: NBCC sweetens bid, to offer up to 1,903 acres land to lendersEarlier this month, NBCC and Mumbai-based Suraksha group submitted their fresh bids to acquire Jaypee Infratech through the insolvency proc...
- 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...
- Jaypee Infratech insolvency: Lenders, homebuyers ask Suraksha group to improve bidA Committee of Creditors (CoC) met on Saturday to discuss the revised bids of state-owned NBCC and Suraksha group for acquiring Jaypee Infr...
- NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech through insolvencyLast month, the Supreme Court remitted to the Committee of Creditors (CoC) the issue of approval of resolution plan for Jaypee Infratech Lt...
- Jaypee Infra's IRP approaches NCLT Allahabad for approval of NBCC's bidLast month, NBCC won the bid to acquire Jaypee Infratech after financial creditors, including lenders and homebuyers, approved its resoluti...
- Majority of homebuyers, some lenders vote in favour of NBCC bid to acquire Jaypee InfraThe simultaneous voting to bids of both the contenders — NBCC and Mumbai-based Suraksha Realty — started on Dec 10 and ended tonight at 11....
- Jaypee homebuyers' body urges flat owners, bankers to vote for NBCC bid in insolvency processOn December 7, a committee of creditors (CoC) decided that homebuyers and lenders of Jaypee Infratech will vote on the bids of NBCC Ltd and...
- Suraksha Realty hopeful of getting favourable vote of lenders, home buyers on Jaypee bidA Committee of Creditors (CoC) on Saturday decided that home buyers and lenders of Jaypee Infratech will vote on the bids of state-owned NB...
- Over 20,000 Jaypee home buyers may not receive any penalty for delay in constructionWhile bringing in very little cash, the two firms have offered land out of the land bank of Jaypee Infratech to settle some of the dues of ...
- JSW Infra lends support to Suraksha Realty in turnaround of Jaypee InfratechJSW Infra said it has issued a letter of support to Suraksha Realty to give financial, strategic and technical assistance in the delivery o...
- Jaypee Infra case: Suraksha may offer more cash & land to lenders, higher penalty to buyersSuraksha Realty may offer more cash & land to lenders and higher penalty to homebuyers to acquire Jaypee.
- Jaypee Infra: Lenders ask bidders to sweeten offersHomebuyers asked the NBCC to compensate for huge delay in completion of flats.
- Jaypee Infratech: Lenders ask NBCC, Suraksha to sweeten offers, submit final bids by December 3The Committee of Jaypee Creditors met NBBC and Suraksha representatives for several hours to discuss threadbare their takeover offers, befo...
- NBCC may revise bid for Jaypee Infratech, likely to keep unsold flats of Rs 1,750 croreNBCC and Suraksha Realty are likely to submit their revised offers on Sunday as sought by Interim RP. A meeting of CoC has been convened on...
- Supreme Court to hear Jaypee group's plea before taking up NBCC proposal on stalled housing projectsThe counsel for NBCC, in pursuance of an earlier order of the apex court, on Thursday submitted a revised plan in a sealed cover. The court...
- NBCC leads race for Jaypee InfratechBidders will make detailed presentations before Jaypee’s financial creditors, including homebuyers, on Monday.
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