Jaypee Infratech has been taken over by Insolvency Resolution Professional for recovery of bad loans
The stock locked in upper circuit for the second day in a row, up 10% at Rs 15.22 on the BSE, after media report suggested that the company has received interest from 18 bidders.
These parties might be keen on certain portions like the Yamuna Expressway
In a series of orders, the Supreme Court recently tried to ease the pain of homebuyers
Around 30,000 homebuyers of Jaypee have been trying to get the possession of their properties
Directors to seek permission before leaving the country, insolvency professional back
Also asks NCLT-appointed interim resolution professional to take over the firm's management
Asks Interim Resolution Professional to take over the management of Jaypee Infratech
he scrip opened at Rs 18.65 and has hit a high and low of Rs 18.85 and Rs 17.60 respectively
The government will ensure home buyers do not suffer, says an official
The investor, Nikhil Chandel, complained about it in a tweet to UP CM Yogi Adityanath
This, after NCDC directed Jaypee Group to hand over possession of Kalypso Court by July this year or pay a penalty of 12% per annum