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  • Jaypee Case: SC transfers all pending appeals in NCLAT to itself, next date August 31 Aug 06, 2020 12:52 PM IST

    Jaypee Case: SC transfers all pending appeals in NCLAT to itself, next date August 31

    IRP Anuj Jain has been directed to continue managing the affairs of the embattled firm

  • Around 500 homes in Jaypee projects likely to be handed over within 3 months Jun 09, 2020 07:15 PM IST

    Around 500 homes in Jaypee projects likely to be handed over within 3 months

    Construction work is currently being overseen by the interim monitoring committee

  • Jaypee Infratech case: NCLT clears NBCC resolution plan Mar 03, 2020 06:18 PM IST

    Jaypee Infratech case: NCLT clears NBCC resolution plan

    The Rs 750 crore deposited by Jaiprakash Associates would also be part of the plan, NCLT said.

  • SC reserves order on Jaypee Group's plea against NCLAT until November 6 Oct 23, 2019 10:11 PM IST

    SC reserves order on Jaypee Group's plea against NCLAT until November 6

    The counsel for homebuyers opposed the plea and said that there is a window until November 14 for the revised plan of NBCC to be considered by CoC.

  • Jaypee case: Supreme Court asks NBCC if it is willing to complete stalled projects Sep 03, 2019 01:42 PM IST

    Jaypee case: Supreme Court asks NBCC if it is willing to complete stalled projects

    The Centre has said it will waive taxes, running into crores, due to Jaypee Infratech, if NBCC takes over projects

  • Jaypee case: Supreme Court extends status quo on insolvency proceedings by a week Aug 22, 2019 08:34 PM IST

    Jaypee case: Supreme Court extends status quo on insolvency proceedings by a week

    On August 2, the apex court had ordered status quo for two weeks on insolvency proceedings after Jaypee Group challenged the July 30 order of NCLAT.

  • Jaypee Infratech case: SC directs status quo for 2 weeks on plea against NCLAT order Aug 02, 2019 02:01 PM IST

    Jaypee Infratech case: SC directs status quo for 2 weeks on plea against NCLAT order

    The status quo granted by the court will ensure that liquidation will not happen. The amendments to IBC have not yet received presidential assent and therefore the court deemed it fit to defer the matter by two weeks

  • IBC amendments will ensure Jaypee stakeholders' interests, Centre tells SC Jul 18, 2019 03:44 PM IST

    IBC amendments will ensure Jaypee stakeholders' interests, Centre tells SC

    As per the changes to the IBC, there would be a deadline for completion of corporate insolvency resolution process within an overall limit of 330 days, including litigation and other judicial processes. At present, the deadline is 270 days.

  • NCLAT ‘breached’ IBC provision by extending time limit, Jaypee buyers allege Jul 17, 2019 03:44 PM IST

    NCLAT ‘breached’ IBC provision by extending time limit, Jaypee buyers allege

    The group of homebuyers also expressed apprehension against giving NBCC the go ahead to complete the unfinished housing projects of Jaypee

  • Jaypee Infratech row: Homebuyers seek government's intervention Jun 24, 2019 01:15 PM IST

    Jaypee Infratech row: Homebuyers seek government's intervention

    In a letter addressed to PM Modi and FM Nirmala Sitharaman, homebuyers have appealed to the government to direct IDBI Bank and NBCC to resolve their differences on the resolution plan.

  • Jaypee Infratech's lenders meet; no decision taken: Sources Jun 20, 2019 11:33 PM IST

    Jaypee Infratech's lenders meet; no decision taken: Sources

    "Banks wanted to explore fresh expression of interest but there was no consensus as the matter is pending before NCLAT," sources said.

  • Jaypee Infratech lenders free to vote for or against NBCC bid: NCLAT Jun 10, 2019 02:00 PM IST

    Jaypee Infratech lenders free to vote for or against NBCC bid: NCLAT

    NCLAT also directs the committee of creditors not to finalise rejection of the NBCC bid without the court's consent.

  • NCLAT annuls e-voting on NBCC's resolution plan May 17, 2019 02:28 PM IST

    NCLAT annuls e-voting on NBCC's resolution plan

    Directs lenders to conduct fresh voting from May 31.

  • NBCC's bid to be put to vote from May 16 to May 19: Sources May 13, 2019 10:11 PM IST

    NBCC's bid to be put to vote from May 16 to May 19: Sources

    NBCC's revised bid to acquire Jaypee Infratech was expected to be discussed today by the Committee of Creditors (CoC).

  • Jaypee case: NCLT Allahabad allows Jaypee Infra resolution process to go on until next date of hearing May 06, 2019 06:15 PM IST

    Jaypee case: NCLT Allahabad allows Jaypee Infra resolution process to go on until next date of hearing

    The NBCC bid is likely to be discussed at the May 9 meeting, sources told Moneycontrol.

  • Jaypee case: NBCC receives approvals from govt departments for revised offer May 01, 2019 05:07 PM IST

    Jaypee case: NBCC receives approvals from govt departments for revised offer

    Financial creditors and home-buyers are presently voting on Suraksha Realty's bid. The voting process started on Wednesday and would conclude on May 3

  • Jaypee Infratech saga: NBCC's revised offer fails to make cut due to lack of approvals Apr 26, 2019 09:13 PM IST

    Jaypee Infratech saga: NBCC's revised offer fails to make cut due to lack of approvals

    Offer by Mumbai-based Suraksha Group will likely be the only one to be put to vote next week.

  • Exclusive | Jaypee case: Bidders sweeten bids to appease homebuyers Apr 25, 2019 03:17 PM IST

    Exclusive | Jaypee case: Bidders sweeten bids to appease homebuyers

    Lenders of the embattled company are expected to meet on April 26 to discuss the revised bids of NBCC and Suraksha Group.

  • NBCC submits revised bid for Jaypee Infratech Apr 24, 2019 09:48 PM IST

    NBCC submits revised bid for Jaypee Infratech

    Lenders of debt-ridden company are expected to meet on April 26 to discuss revised bids of NBCC and Suraksha Group and also decide whether Adani Group can be allowed to enter the race at this stage

  • Homebuyers not enthused by Jaypee Group promoter's offer of completing delayed projects Apr 19, 2019 07:21 PM IST

    Homebuyers not enthused by Jaypee Group promoter's offer of completing delayed projects

    Over 600 buyers attended the meeting, which they termed as an 'eyewash'.

  • We will give houses within three years: NBCC to Jaypee homebuyers Mar 11, 2019 06:58 PM IST

    We will give houses within three years: NBCC to Jaypee homebuyers

    Homebuyers demand higher delay payment amount paid by NBCC and shorter timelines for completion of units.

  • Jaypee homebuyers seek bankers’ support for embattled firm's forensic audit Feb 24, 2019 03:32 PM IST

    Jaypee homebuyers seek bankers’ support for embattled firm's forensic audit

    Buyers claim that since the parent company Jaiprakash Associates had tabled a settlement plan under the IBC, it shows it had access to money and hence the matter must be looked into.

  • Jaypee Infratech lenders discuss bids by NBCC and Suraksha Asset Reconstruction Company Feb 18, 2019 06:58 PM IST

    Jaypee Infratech lenders discuss bids by NBCC and Suraksha Asset Reconstruction Company

    The Committee of Creditors has recommended that a forensic audit be conducted as demanded by Jaypee homebuyers.

  • Jaypee homebuyer moves SC against August order; NCLT fixes insolvency commencement date as Aug 9, 2017 Dec 10, 2018 10:47 PM IST

    Jaypee homebuyer moves SC against August order; NCLT fixes insolvency commencement date as Aug 9, 2017

    In October, homebuyers had sought a clarification on the 'question of law' that pertains to the procedure for determining the voting percentage among the committee of creditors.

  • Jaypee Infratech to hold Committee of Creditors meeting on November 27 Nov 22, 2018 12:44 PM IST

    Jaypee Infratech to hold Committee of Creditors meeting on November 27

    Formal agenda of the meeting not disclosed but sources say evaluation matrix and process note to be discussed and voted at the CoC meeting

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