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NCLT JAYPEE INFRATECH
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....- JAL files plea against NCLT order in Jaypee Infratech caseLast week, the NCLT approved Suraksha Realty's takeover of the debt-laden Jaypee Infratech dismissing three different appeals against the ₹...
- Jaypee Infratech insolvency: Committee formed for implementation of Suraksha group resolution planIn a regulatory filing, Jaypee Infratech Ltd (JIL) informed that "...in compliance with the order of the NCLT, an 'Implementation and Monit...
- Jaypee Infra insolvency: NCLT may pass judgement Tuesday on Suraksha bidIn June 2021, the Suraksha group received the approval of financial creditors and homebuyers to takeover the Jaypee Infratech Ltd, raising ...
- NBCC, Suraksha Realty asked to submit fresh bids to acquire Jaypee InfratechIn the first round of insolvency proceedings, the Rs 7,350 crore bid of Lakshdeep, part of Suraksha Group, was rejected by lenders. Lenders...
- Jaypee Infratech insolvency: Lenders to meet on November 18 to comply with Supreme Court directionCrisis-hit Jaypee group firm Jaypee Infratech went into insolvency in 2017 after the National Company Law Tribunal (NCLT) admitted an appli...
- Jaypee Infratech lenders decide to put NBCC’s revised bid on voteEarlier, the creditors' panel did not allow vote on NBCC's bid citing lack of approvals from the government departments. NBCC has now got a...
- Jaypee Infratech insolvency: NBCC wants its bid to be considered on meritIn its meeting on April 26, a committee of creditors (CoC) decided not to consider NBCC's bid as it was subject to approval of various gove...
- Jaypee Infratech lenders reject NBCC's bid, to vote on Suraksha offer: SourcesThe offer of NBCC, a public sector unit under the aegis of the Ministry of Housing and Urban Affairs, put some other conditions as well.
- NBCC sweetens bid for Jaypee Infratech, offers lenders land parcels worth Rs 5k croreThe public sector enterprise, which is also completing some projects of Amrapali Group on the Supreme Court's direction, had offered lender...
- NBCC submits revised bid for Jaypee InfratechNBCC and Suraksha group, which are in the race to acquire the Jaypee Group firm, were asked to sweeten their offers by the lenders.
- Jaypee Infratech bankruptcy: Lenders may extend deadline for revival plan by 15 daysNBCC, Kotak Investment, Singapore-based Cube Highways and Suraksha group have been shortlisted as bidders for Jaypee Infratech.
- Jaypee Infratech: Lenders, home buyers approve evaluation criteria for bankruptcy processBoth the proposals were passed with members representing over 60 per cent of the voting rights assented to them.
- NBCC, Kotak Investment among 4 shortlisted bidders for Jaypee InfraJaypee Infratech, a subsidiary of Jaypee Group’s flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...
- NBCC, Kotak among 4 shortlisted bidders for Jaypee Infratech; L&T Infra out of raceJaypee Infratech, a subsidiary of Jaypee Group's flagship firm Jaiprakash Associates, is developing about 32,000 flats, of which it has del...
- Jaiprakash Associates to appeal against NCLT orderIn a regulatory filing, JAL said that the entire transaction was done at the behest of the banks in normal course of business.
- Jaypee Infra hits upper circuit on revival planThe revival offer is part of plans to pull Jaypee Infratech out of the bankruptcy knot.
- IndusInd Bank invokes 6 crore pledged shares of Jaypee InfratechJaiprakash Associates had 89.5 cr shares, about 64.44% stake, in Jaypee Infratech as on December 31, 2017. Of the total shares held by it, ...
- Jaypee aims to complete 24K flats by 2020 at Rs 8,000 cr costThe Jaypee group is investing about Rs 20-30 crore a month on construction and the fund is coming from toll collections.
- 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.
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