Jaypee Infratech homebuyers' body urges flat owners, bankers to vote for NBCC bid in insolvency process
• 5 years agoJaypee Infratech's homebuyers association has urged all flat owners and lenders to vote in favour of state-owned NBCC's bid to acquire debt-laden realty firm as the public sector firm has the experience to develop large projects and townships in the national capital region
Jaypee Infratech insolvency: Suraksha Realty hopeful of getting favourable vote of lenders, homebuyers
• 5 years agoMumbai-based Suraksha Realty on Monday expressed confidence that bankers and home buyers will vote in favour of its bid to acquire bankrupt realtor Jaypee Infratech, saying that the company has substantially improved its resolution plan to maximise the value for financial creditors
Jaypee Infratech insolvency: Lenders discuss NBCC, Suraksha Realty bids; to meet again in November last week
• 5 years agoLenders of Jaypee Infratech's on Monday discussed the bids submitted by NBCC Ltd and Suraksha Realty to acquire the debt-ridden firm in an insolvency process, and decided to meet again in November last week to negotiate with the two contenders, sources said
Jaypee Insolvency Case: NBCC sweetens bid by offering more land and benami flats to lenders; CoC to meet today
• 5 years agoIn 2017, Jaypee Infratech went into insolvency process after the National Company Law Tribunal (NCLT) admitted an application by an IDBI Bank-led consortium.
Daily Bulletin: SC to hear Sena's plea against Guv's refusal to extend deadline; Modi leaves for BRICS Summit; day's top stories
Fp Staff • 5 years agoAmid the political stalemate in Maharashtra with Uddhav Thackeray entering into talks with Maha-agadhi allies – Nationalist Congress Party and Congress – to back Shiv Sena in forming government, the pre-poll alliance between the BJP and Shiv Sena looks precarious despite both parties formally refusing to call it quits.
Jaypee Infratech insolvency: Lenders to meet on 18 November to comply with Supreme Court direction
• 5 years agoLenders 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
Govt likely to waive Jaypee Group's Rs 33,000 cr tax claims; move to address concerns of thousands of stuck homebuyers
Fp Staff • 5 years agoThe Prime Minister’s Office (PMO) and Finance Ministry have given their final nod for state-run NBCC backed resolution for Jaypee homebuyers
Jaypee Infratech insolvency: NCLAT extends resolution period of debt-ridden company by 90 days
• 6 years agoThe 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
• 6 years agoPromoters 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 insolvency: NCLAT asks IDBI Bank to file affidavit listing out new terms for fresh bidding
• 6 years agoAll the 13 banks, which constitute 40.75 percent of CoC, voted against the bid by the state-run firm to acquire Jaypee Infratech.