Jaypee Infratech Insolvency

Jaypee Infratech insolvency: Lenders to meet on 18 November to comply with Supreme Court direction

Lenders of debt-ridden Jaypee Infratech will meet on 18 November to take forward the process of insolvency resolution after the Supreme Court directed early this month to complete the process within 90 days

Jaypee Infratech insolvency: NCLAT extends resolution period of debt-ridden company by 90 days

The National Company Law Appellate Tribunal on Tuesday extended the resolution period of debt-ridden Jaypee Infratech for another 90 days, starting from receipts of the order

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

Jaypee Infratech insolvency: Lenders put five conditions to state-owned NBCC for considering bid

Lenders of Jaypee Infratech have asked state-owned NBCC to sweeten its bid to acquire the debt-laden realty firm and have demanded that the public sector firm should offer 1,426-acre land instead of 950 acre besides taking onus of getting approvals from income tax and development authorities

Jaypee Infratech insolvency: Over 23,000 homebuyers, 13 banks start voting on NBCC's bid; result to be out on 20 May

The financial creditors would vote for the second time on the resolution plan for Jaypee Infratech, a subsidiary of Jaiprakash Associates Ltd (JAL).

Jaypee Infratech insolvency: Lenders to meet on 26, 30 April to consider revised bids of NBCC, Suraksha Realty

In October 2018, the IRP started a fresh initiative to revive Jaypee Infratech on the NCLT's direction. The realty firm has an outstanding debt of nearly Rs 9,800 crore.

Jaypee Infratech insolvency: The mess just got messier and home buyers may continue to lose out

The bank default is hardly an issue. The bigger issue is the fact that a huge amount of money has been siphoned off from the home buyers

Jaypee Infra: SC asks JP Associates to deposit Rs 2,000 cr to protect home buyers, says IDBI can't be selfish

The bench also restrained the managing director and all the directors of both the companies from leaving the country

Jaypee Infratech insolvency: To protect home buyers, SC must come up with a Vishaka-type initiative

Home loan companies merely go by the repaying capacity of the individual borrowers coupled with the valuation of the mortgaged property.

Jaypee Infratech insolvency: IDBI Bank moves SC against stay, says bank's money is public money

Senior advocate Ajit Sinha, appearing for one of the home buyers, vehemently opposed the contention of the bank and said home buyers were happy because of the apex court order