Page 3 - Jaypee Infratech

NCLT approves NBCC's resolution plan for Jaypee Infratech with some tweaks

NBCC has proposed to complete over 20,000 flats in the next three-and-a-half years

NBCC gets NCLT nod to acquire Jaypee Infratech through insolvency process

In its hearing on Tuesday, the Principal bench of NCLT,headed by Acting President B S V Prakash Kumar, gave a go-ahead to the resolution plan of NBCC

SC asks Jaiprakash Associates to return pledged land to group firm Jaypee

The NCLAT had allowed the pleas of all banks as well as JAL and held that the transactions were genuine and the allegation of undervaluation was not justified

Jaypee Infra's IRP approaches NCLT Allahabad for approval of NBCC's bid

Last month, NBCC won the bid to acquire Jaypee Infratech after financial creditors, including lenders and homebuyers, approved its resolution plan

Suraksha Realty confident of acquiring Jaypee Infra, voting from Dec 10

Suraksha Realty is owned by Sudhir Valia, the brother-in-law of Sun Pharma promoter Dilip Shanghvi

Govt must weed out benami ownership

It is common knowledge that real estate and gold are preferred areas for parking black money

Jaypee Infra lenders to put bids of NBCC, Suraksha on vote simultaneously

Anuj Jain was appointed as an interim resolution professional (IRP) to conduct insolvency process and also manage the affairs of the company.

Lenders stare at Rs 3,700-cr hit in offers for debt-laden Jaypee Infratech

Sources said neither is offering any penalty to homebuyers whose houses has been delayed

Jaypee Infratech lenders ask NBCC, Suraksha Group to sweeten takeover bids

The Committee of Jaypee Creditors met NBBC and Suraksha representatives for several hours to discuss threadbare their takeover offers, before asking them to further revise the bids, say sources

Jaypee insolvency: Lenders meet on Nov 28 to review NBCC, Suraksha bids

NBCC and Suraksha might be asked to submit their final plans after the next CoC meet on November 28 and voting process could be conducted before December 10

CoC of Jaypee Infratech to start voting on resolution plans from Dec 8-11

According to sources, as per the tentative timeline set in the CoC's meeting on Monday, both the bidders -- NBCC and Suraksha Realty -- would have to submitted their final resolution, if any, by Dec 3

NBCC sweetens bid to buy Jaypee Infra; offers more land, flats to lenders

Jaypee Infratech owed nearly Rs 10,000 crore to bankers

NBCC, Suraksha Realty asked to make fresh bids for Jaypee Infratech

The crisis-hit subsidiary of Jaiprakash Associates has an outstanding debt of nearly Rs 9,800 crore

Jaypee Infratech lenders to meet on Nov 18, comply with SC direction

Jaypee group firm Jaypee Infratech went into insolvency in 2017 after the National Company Law Tribunal (NCLT) admitted an application by an IDBI Bank-led consortium seeking resolution of the firm

Yamuna Expressway authority asked to refund Rs 41.14 cr to Jaypee Infra

In the order, the tribunal also directed the YEIDA to ensure that the development work is not obstructed by the Noida development authority.

Jaypee Infratech undergoing insolvency but 'in good health': Manoj Gaur

Jaypee Infratech went into insolvency in August 2017 after the National Company Law Tribunal (NCLT) admitted an application filed by an IDBI Bank-led consortium

NCLAT quashes NCLT order directing return of land to Jaypee Infratech

Jaiprakash Associates was ordered to return 858 acres to Jaypee Infratech

SC to hear Jaypee Group's plea against NCLAT order on bidding Friday

The top court said it will hear a plea of homebuyers along with the statutory appeal of Jaypee Group against the July 30 order of National Company Law Appellate Tribunal

NCLAT extends Jaypee Infra resolution period, rejects promoters' bid

It has also directed the RP and the Committee of Creditors of the company to finish the entire process of selecting new bidders

Jaypee Infra Q1 net loss widens to Rs 448 cr; income rises to Rs 669.56 cr

Jaypee Infratech went into insolvency in 2017 after the NCLT admitted an application by an IDBI Bank-led consortium seeking resolution of the firm