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NBCC BID
Russian bank, PSUs help NBCC generate Rs 5,779 cr from office tower sale in south DelhiRussia's Sberbank has acquired two office towers in South Delhi for approximately Rs 2,000 crore. NBCC sold these towers as part of a large...- 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 to vote on NBCC's, Suraksha's final offers for bankrupt Jaypee InfratechAccording to sources, the CoC, which includes members of 13 banks and a representative of over 20,000 homebuyers, decided to put to vote th...
- NBCC submits final bid to buy Jaypee Infra; Suraksha seeks more time to make offerAccording to the sources, NBCC has submitted the final bid and it is compliant with the Insolvency and Bankruptcy Code (IBC) provisions and...
- Jaypee insolvency case: NBCC may move Supreme Court against decision to reject its bidThe public sector firm is likely to write to Interim Resolution Professional (IRP) Anuj Jain and the Committee of Creditors (CoC), raising ...
- Jaypee Infra jumps over 9% on CoC nod for NBCC bidOn the NSE, the stock rallied 6.06 per cent to Rs 1.75.
- 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...
- Lenders vote against NBCC's bid to acquire Jaypee InfratechLenders consortium, led by IDBI Bank, had approached NCLAT seeking permission to vote against NBCC bid.
- 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.
- Jaypee creditors to put NBCC's revised bid on vote todayBoth home buyers and lenders can vote on the state-owned company’s proposal until June 10.
- Jaypee Infra insolvency: Lenders put 5 conditions to NBCC for considering bidNBCC was unlikely to dilute certain conditions but was open to negotiating on the offer related to unsold flats.
- Jaypee Infra insolvency: Creditors' meet on May 30 to discuss NBCC bidA meeting of Committee of Creditors (CoC) has been called on May 30, sources said. As many as 13 banks and 23,000 homebuyers have voting ri...
- Jaypee Infratech lenders start negotiations on NBCC's bid as per NCLAT orderAccording to sources, lenders have shown reluctance to acquire up to 2,207 unsold flats worth Rs 1,756 crore as proposed by NBCC in its rev...
- Jaypee Infra insolvency: Over 23,000 homebuyers, 13 banks start voting on NBCC's bidThe voting process will end on Sunday and the outcome would be declared on May 20.
- Jaypee Infratech creditors decide to vote on NBCC's revised bidVoting process would start on Thursday and end on Sunday, sources said, adding that the results would be declared on May 20.
- NBCC decides not to dilute conditions in revised offer for Jaypee InfratechOn Friday, lenders wrote to the NBCC seeking clarifications on certain relief and concessions put forward by the public sector firm in its ...
- Jaypee Infratech insolvency: Lenders ask NBCC to withdraw some conditionsClarification has been sought in the backdrop of Jaypee Infratech's Interim Resolution Professional flagging to the lenders that NBCC's bid...
- 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.
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