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JAYPEE INFRA NCLAT
NBCC's three-phase plan to complete 50,000 Supertech homes offers hope for stranded home buyers amid insolvency proceedingsThe state-owned NBCC has put forward a three-year construction schedule to provide reassurance to numerous homebuyers. The objective of the...
Jaypee Infratech appoints Devang Pravin Patel as CFO; to delist company shares from boursesSuraksha Group takes control of Jaypee Infratech Ltd, appoints Devang Pravin Patel as CFO, and plans to delist shares from stock exchanges.
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...
NCLAT upholds NCLT order on Jaypee Infra; asks Suraksha to pay additional Rs 1,300 croreNCLAT affirmed Suraksha Realty's acquisition bid for Jaypee Infratech but mandated an extra Rs 1,300 crore as farmers' compensation. The de...
NCLT approves Suraksha Group's bid to acquire Jaypee Infratech, complete 20,000 flats in stalled projectsThe National Company Law Tribunal approved Mumbai-based Suraksha group's resolution plan of Jaypee Infratech Limited and complete around 20...
NBCC says its bid to acquire Jaypee Infratech compliant, backed by govtNBCC is in the race to acquire Jaypee Infratech Ltd (JIL). In a webinar this Sunday, the NBCC assured homebuyers that its bid is concrete, ...
Creditors decide to put NBCC, Suraksha's Jaypee Infra bids to vote from MondayJaypee Infratech’s creditors have accepted the resolution plans of NBCC and the Suraksha Group for the bankrupt developer and decided to pu...
Jaypee Infra insolvency: Suraksha group submits bid just before lenders meet on MondayNBCC, however, submitted its resolution plan. According to sources, Suraksha group has submitted its resolution plan just before the meetin...
What happens next in Tata-Mistry saga? Here are five scenariosThe NCLAT order was a bolt from the blue for the public at large, and an unexpected reversal for the Tata Group.
Bankruptcy law comes of ageIndia’s insolvency resolution framework has truly arrived after a tortuous journey of three years. Banks will finally be able to keep out u...
Jaypee Infra insolvency: NCLAT permits fresh bids, extends resolution period for 90 daysTo enable the fresh bidding process, the NCLAT extended the resolution period of Jaypee Infratech for another 90 days.
Stocks in the news: YES Bank, Wipro, Care Ratings, ACC and Allahabad BankIndia's fourth-largest software company reported 12.58% YoY rise in net profit.
Stocks in the news: TCS, IndiGo, RCom, Manpasand and Indiabulls HousingVatika Group has repaid debt worth Rs 500 crore to HDFC and IB Housing Finance.
NCLAT reserves order on Jaypee Infra land mortgaged with Jaiprakash's lendersThe appellate tribunal directed all the banks to file their written submissions by Friday over their claims.
Jaypee Infra insolvency: Lenders move NCLAT seeking nod to vote against NBCC bidThe voting on NBCC's bid started on Friday and will continue till June 10.
Stocks in the news: Tata Motors, Reliance Capital, Cipla, Fortis Healthcare and Bharti AirtelUBS has maintained buy rating on Bank of Baroda and lowered target price to Rs 145.
Stocks in the news: HDFC Bank, M&M, Omaxe, TCS, Panacea Biotec and Hotel LeelaventureOmaxe promoter entity Guild Builders has been restricted from further pledging of its shares.
NCLAT directs Jaypee Infratech resolution professional to submit status reportA two-member bench of the appellate tribunal, headed by Mukhopadhaya, has asked the RP to list out the stage of the corporate insolvency re...