Homebuyers rue Supreme Court order on Jaypee InfratechThe home owners are not happy with the SC order. “This is like playing with the emotions of homebuyers,” said Rajeev Verma, a homebuyer in ...
NCLAT gives conditional go-ahead to NBCC for Jaypee InfratechThe appellate tribunal also directed Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain to constitute an interim monitoring...
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....
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...
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...
Jaypee can get tax sop if NBCC takes over projects: CentreThe bench was hearing the plea of homebuyers and Jaypee group against the NCLAT order allowing a third round of bidding for Jaypee Infratec...
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.
NBCC’s revised Jaypee bid put to vote“Both home buyers and financial creditors will start voting on NBCC’s revised proposal on Thursday and the process will conclude on Sunday,...
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.
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...
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: NBCC offers Rs 20 crore to operational creditorsAdani group has shown interest in making bid for Jaypee Infratech, while Jaypee group too has submitted bid for regaining control of its re...
Jaypee Infra insolvency: Homebuyers want NBCC bid to be reconsidered; say no faith in private cosAggrieved buyers, who have booked flats in Jaypee Infratech projects, also complained that voting process is not being carried out in a fai...
- Jaypee Infratech insolvency: NBCC wants its bid to be considered on merit
In 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 Infra drops 5% as NBCC submits revised bidA PTI report, quoting sources, on Wednesday suggested that state-owned NBCC submitted its revised bid to acquire Jaypee Infratech.
State-run NBCC, Suraksha Group bid to acquire beleaguered Jaypee InfratechNBCC Chairman and Managing Director Anoop Kumar Mittal declined to comment on details of the company’s bid.
NBCC to rescue 30,000 Jaypee homebuyers?The Jaypee case is being seen as an acid test for the new insolvency law. Homebuyers face an uphill task of seeking their claims in the ins...