Jaiprakash Associates
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CCI slaps Rs 14 cr fine on Jaiprakash Associates; says real estate firm abused dominant market position
•The regulator found Jaiprakash Associates to be in dominant position in the relevant market.
Jaypee Infratech promoters to pay creditors entire outstanding amount; says will complete pending projects in 3 years
•Promoters of debt-ridden Jaypee Infratech on Monday proposed before the NCLAT that they will pay creditors entire outstanding amount without any hair cut and complete pending projects within three years
NCLAT directs NCLT Allahabad bench to decide insolvency plea against JP Associates in 6 weeks
•The NCLAT on Monday directed the National Company Law Tribunal to decide the insolvency plea filed by ICICI Bank against Jaiprakash Associates in six weeks
ICICI Bank approaches NCLAT for early hearing of insolvency petition against Jaiprakash Associates
•Private sector lender ICICI Bank on Monday approached the National Company Law Appellate Tribunal (NCLAT), seeking a direction to NCLT, Allahabad to expedite the hearing on its insolvency petition against Jaypee group firm Jaiprakash Associates Ltd (JAL)
Jaypee Infratech insolvency: NCLAT says banks can vote against NBCC proposal to acquire debt-ridden company
•The National Company Law Appellate Tribunal (NCLAT) on Monday clarified that lenders can vote against the NBCC's proposal to acquire debt-ridden Jaypee Infratech and directed for the completion of the ongoing voting process
Grasim Industries Q4 net profit at Rs 1,531.86 crore; revenue from operations stands at Rs 20,965.25 crore
•Grasim had posted a net profit of Rs 853.62 crore during the January-March period of the previous fiscal, it said in a regulatory filing
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.
After govt nod, NBCC asks Jaypee Infratech RP to reconsider bid; lenders, home buyers vote on sole bid by Suraksha Realty
•Financial creditors and home buyers of the Jaypee group realty firm are currently voting on the bid of Suraksha Realty,
NBCC wants lenders to consider its bid on merit to acquire bankrupt Jaypee Infratech
•NBCC said it entered into the insolvency proceedings of Jaypee Infratech to provide relief to over 20,000 home buyers.