Irp
Recent Highlights
All Stories for Irp
Jaypee Infratech's IRP finds NBCC bid conditional, non-binding; creditors' panel meets on Thursday to discuss revised offer
•The court-mandated deadline for completing the resolution plan for Japyee Infratech ended on 6 May and the CoC has sought an extension of the deadline.
Jaypee Infra insolvency: NBCC offers Rs 20 cr to operational creditors; panel to discuss revised offer on Thursday
•Meanwhile, Adani group has shown interest in making bid for Jaypee Infratech, while Jaypee group too has submitted bid for regaining control of its realty firm.
Kotak Investment, L&T Infrastructure, NBCC among five firms show interest in taking over bankrupt Jaypee Infratech
•Jaypee Infratech's IRP Anuj Jain had in October initiated a fresh initiative to revive Jaypee Infratech on NCLT's direction after lenders rejected over Rs 7,000 crore bid of Suraksha group.
Lanco Infratech liquidation: IRP seeks NCLT's direction; 270-day insolvency resolution deadline ends today
•Lanco, among 12 firms identified by the RBI with high debt for proceedings under IBC, owes over Rs 44,000 crore to the IDBI Bank-led lenders consortium
Sensex, Nifty on a roller coaster: Will RBI monetary policy gift a surprise rate cut to panic-gripped investors today?
Dinesh Unnikrishnan123 •RBI is likely to opt for status quo as inflation inching up, fiscal slippage likely and banking system hesitant to fully pass on benefit of earlier rate cuts
Jaypee's home buyers Vs creditors: Will the insolvency resolution professionals do a balancing act?
Vanita Akhaury •The IRP will need to carefully study the impact of the final resolution act that will structurally impact the industry as well as other sectors too