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JAYPEE VALIA
Suraksha Group-controlled Jaypee Infra gets RERA registration revalidation for 7 stalled projectsJaypee Infratech Ltd has secured re-validation of RERA registrations for seven stalled projects in Delhi-NCR, encompassing over 10,000 unit...- 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...
- IDBI Bank seeks more time for Jaypee Infratech resolutionTwo people familiar with the development said that the NCLT’s bench heard IDBI’s plea on Monday but scheduled a hearing on May 6.
- Another independent director of Jaypee Infratech resigns; fourth in last one weekThe company's independent director Sham Lal Mohan has resigned citing personal reasons.
- One more independent director of Jaypee Infratech resignsThe Interim Resolution Professional (IRP) will place his resignation for acceptance in the next meeting of the Committee of Creditors.
- Two independent directors of Jaypee Infratech resignWhile Rau has cited personal reasons for the resignation, Goswami resigned because of his growing age and indifferent health, the debt-ridd...
- JP Associates reports Rs 285 crore loss for Q1Total income declined to Rs 1,700.40 crore during April-June period of 2018-19 fiscal.
- Jaypee’s banks face fresh challengeIn normal course, the company would have gone into liquidation, but that’s an option that has been shot down by the Supreme Court, given th...
- Lakshdeep Investments-led group open to renegotiating Jaypee Infra bidThe consortium filed an intervening application in an ongoing case in the Supreme Court seeking to extend the deadline for insolvency proce...
- Home buyers divided on promoter takeover bid for bankrupt Jaypee InfratechThe representatives of nine associations, claiming over 2,400 buyers members, said that Jaypee promoter should not be allowed to takeover J...
- CBI action against IDBI clouds banks’ Jaypee bidAs soon as IDBI Bank, which has over 44% say, opted against the bid, it was clear that the resolution plan would not go through, throwing t...
- Fresh uncertainty for 20,000 homebuyers as banks reject Jaypee revival planThe surprise rejection of the resolution plan came just two days before the deadline for resolving the bankruptcy case was to end.
- Jaypee Infratech lenders reject Rs 7,350 crore bid by LakshwadeepA panel of over a dozen lenders, who have to recover nearly Rs 9,800 crore from Jaypee Infratech Ltd met here over the last two days to dec...
- Jaypee group deposits Rs 100 cr with Supreme Court's RegistryHome buyers of debt-ridden Jaypee Infratech had moved the apex court seeking relief in view of significant delays in completion of housing ...
- Jaypee promoters submit over Rs 10,000 crore revival plan for Jaypee InfratechLakshadweep, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, had made a Rs 7,...
- Jaypee Infratech's customers write to IRP to protect home buyers' interestHome buyers have also questioned the criteria adopted for evaluating various bidders interested in debt-resolution of Jaypee Infratech, say...
- Jaypee Infratech lenders to meet on May 7 to consider Lakshadweep bidJaypee Infratech has about 3,300 acres of vacant land parcels worth about Rs 14,000 crore alongside the Yamuna Expressway that connects Noi...
- Jaypee Infratech bidder wants JAL to pay fine for delay in flat deliveryThe new owners have proposed to maintain an escrow account for each project where money coming from homebuyers will be deposited.
- Dosti-Suraksha JV to acquire Jaypee Infra for Rs 7,350 croreThe insolvency-hit developer has outstanding loans of about Rs 8,500 crore. The transaction with Lakshadweep is expected to help the firm c...
- Dark horse may pip Adani, Kotak to Jaypee InfraSudhir Valia is a relative of Sun Pharma promoter Dilip Sanghvi and a director on the company’s board. The offer by the low-profile busines...
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