Jaypee Infratech

Jaypee Infra insolvency: IRP Anuj Jain files Suraksha group's resolution plan with NCLT

A successful resolution of JIL will provide a big relief to over 20,000 homebuyers across various housing projects launched by the realty developer in Noida and Greater Noida.

published on : 8th July 2021

UP govt trying to resolve issues of stalled housing projects in Noida, Greater Noida: UP Infra minister

Builders like Amrapali, Jaypee Infratech and Unitech, have defaulted in delivering their projects in Noida and Greater Noida, with homebuyers' investments being stuck for about a decade now.

published on : 1st July 2021

Suraksha Realty wins bid for Jaypee Infratech by a close margin

While the Suraksha-Lakshdeep consortium received 98.66% of votes, NBCC got 98.54%

published on : 24th June 2021

Jaypee Infratech shares decline nearly 5 per cent after earnings announcement

Total income fell to Rs 247.44 crore in the fourth quarter of 2020-21, from Rs 384.99 crore in the corresponding period of the previous year.

published on : 23rd June 2021

Jaypee Infra insolvency: Creditors decide to consider Suraksha's bid along with NBCC's; may meet on Thursday

Interim Resolution Professional Anuj Jain is managing Jaypee Infratech Ltd (JIL) and running the bankruptcy proceedings.

published on : 8th June 2021

Jaypee Infratech creditors defer voting on Suraksha Realty’s offer

The voting on the resolution plan was scheduled to begin on Monday, but it has now been deferred after NBCC requested the CoC to give it time to revise its resolution plan.

published on : 25th May 2021

Jaypee Infratech case: NBCC questions IRP's 'jurisdiction'; demands voting on its offer

Asserting that the offer is compliant, NBCC in a letter to the IRP also said the company is fully aware of its responsibilities to be compliant with applicable law in its deeds and actions.

published on : 22nd May 2021

Jaypee Infratech insolvency: Financial creditors to meet on April 29 to discuss NBCC, Suraksha bids

The agenda of the meeting was not disclosed, but sources said the financial creditors, which includes banks and home buyers, will continue their negotiations with the two resolution applicants.

published on : 25th April 2021

SC remits to creditors Jaypee Infratech's resolution plan for approval

On March 3 last year, the NCLT had approved NBCC's bid to acquire JIL through the insolvency process and complete over 20,000 pending flats over the next three and half years.

published on : 24th March 2021

Supreme Court moves to protect Jaypee Infratech home buyers

The buyers had asked the Supreme Court for protection as Jaypee Infratech is one of 12 companies being pursued by its lenders under the direction of India's central bank.

published on : 11th September 2017

IDBI seeks vacation of stay of insolvency proceedings against Jaypee Infratech

The Supreme Court will hear on September 11, the IDBI's plea seeking restoration of insolvency proceedings against the Jaypee Infratech.

published on : 5th September 2017

SC to hear plea of over 30k home buyers of embattled Jaypee Infratech

The Supreme Court agreed to hear a plea seeking protection of interests of over 30,000 buyers who invested hard-earned money to book their dream homes.

published on : 23rd August 2017