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  Jaypee Case: SC transfers all pending appeals in NCLAT against NBCC to itself

  India | August 07, 2020 8:48 IST

  The Supreme Court Thursday transferred to itself the appeals pending before the National Company Law Appellate Tribunal (NCLAT) against the NBCC plan to acquire debt-ridden Jaypee Infratech and construct over 20,000 pending flats.

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  Rs 750 cr paid by JAL was towards obligation of Jaypee Infratech: NCLT

  Business | March 06, 2020 16:37 IST

  The Rs 750-crore deposited by Jaypee Infratech Ltd's (JIL) parent firm Jaiprakash Associates with the Supreme Court registry was a payment towards obligation of the debt-ridden firm and should be treated as the asset of the corporate debtor, the NCLT has observed while approving the bid of NBCC for JIL.

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  Jaypee Infra lenders to put on vote bids of NBCC, Suraksha simultaneously

  Business | December 07, 2019 17:53 IST

  Lenders were divided over which bid is the highest. As many as 13 banks and over 23,000 homebuyers have voting rights in the CoC. Buyers have nearly 60 per cent votes. For a bid to be approved, 66 per cent votes are required.

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  Jaypee Infra insolvency: Lenders discuss NBCC, Suraksha bids; to meet again in November last week

  Business | November 18, 2019 17:46 IST

  A meeting of Committee of Creditors (CoC) was held on Monday in Gurugram, Haryana to discuss NBCC and Suraksha Realty's resolution plans that were submitted on Sunday.

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  NBCC may revise bid for Jaypee Infra, likely to keep Rs 1,750 crore worth unsold flats

  Business | November 16, 2019 19:17 IST

  State-owned NBCC Ltd is likely to take the responsibility of selling Rs 1,750-crore worth of unsold flats of Jaypee Infratech instead of offering them to lenders in its fresh bid to acquire the debt-laden realty firm through insolvency process, sources said. This was one of the reasons for lenders voting out the NBCC's resolution plan in June this year.

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  Jaypee Infratech homebuyers protest at Jantar Mantar, seek govt intervention

  India | June 23, 2019 21:00 IST

  Homebuyers of Jaypee Infratech on Sunday urged the government to direct IDBI Bank to vote in favour of state-run NBCC's bid for the acquisition of the debt-ridden firm and prevent it from going through liquidation process.

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  Hope for 20,000 home buyers in Noida: Adani, NBCC likely to bid for Jaypee Infratech

  Business | April 25, 2019 18:41 IST

  Meanwhile, business conglomerate Adani Group had also expressed interest to bid for Jaypee Infratech. However, lenders are unlikely to seek Adani's offer until this round of insolvency proceedings gets completed.

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  Jaypee insolvency row: SC raps JAL for failure to deposit Rs 2,000 cr, seeks asset details of company directors

  Real Estate | November 13, 2017 16:25 IST

  ​The top court also set up an amicus curiae in the ongoing case and asked directors of JAL to personally appear before it on Nov 22.

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  In huge reprieve, Centre set to grant ‘primary secured creditors’ status to home buyers

  Real Estate | November 02, 2017 12:21 IST

  Last on the list of claimants under existing norms, home buyers have little hope of recovering their hard-earned money from errant builders.

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  Jaypee insolvency row: SC directs Jaypee Associates to deposit Rs 2,000 cr by October 27

  September 11, 2017 14:32 IST

  The Supreme Court had earlier ordered a stay on initiation of bankruptcy proceedings against Jaypee Infratech

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  IDBI Bank moves SC against stay on insolvency proceedings against Jaypee Infratech

  September 05, 2017 13:05 IST

  The Supreme Court on Tuesday agreed to hear IDBI Bank’s plea seeking modification of its order staying insolvency proceedings against embattled real estate firm Jaypee Infratech on September 11

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  After Jaypee, three Amrapali companies may face insolvency proceedings

  August 22, 2017 17:51 IST

  Insolvency proceedings are likely to be initiated against three Amrapali group companies – Noida's Silicon City and Greater Noida-based Ultra Home Construction and Amrapali Infrastructure - on the plea of Bank of Baroda.

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  Jaypee insolvency: Govt’s sympathy with flat buyers, those who paid should get their homes, says FM

  August 16, 2017 18:56 IST

  Jaitley pointed out that there are provisions under the Insolvency and Bankruptcy Code that aggrieved home buyers can apply for remedy

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  NCLT admits IDBI bank’s plea to initiate insolvency proceedings against Jaypee Infratech

  August 10, 2017 14:16 IST

  Jaypee Infratech is one of the 12 companies referred to the NCLT for insolvency proceedings by banks following the Reserve Bank of India's June 13 directive

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  Toll on Yamuna Expressway hiked

  India | April 02, 2015 7:42 IST

  Greater Noida: In second hike in three months, toll rates on Yamuna Expressway was today raised by Rs 10 to Rs 30.Jaypee Infratech, which operates the toll, raised toll rate for two- and three-wheelers from