-
March 08, 2023 03:16 PM IST While some homebuyers welcome the decision, others believe the decision may be challenged again. There are close to 24 projects – 15 in Noida, eight close to Yamuna Expressway and one in Agra. As many as 20,000 homebuyers have been affected.
-
August 06, 2020 12:52 PM IST IRP Anuj Jain has been directed to continue managing the affairs of the embattled firm
- June 09, 2020 07:15 PM IST
Construction work is currently being overseen by the interim monitoring committee
- March 03, 2020 06:33 PM IST
The Rs 750 crore deposited by Jaiprakash Associates would also be part of the plan, NCLT said.
- October 23, 2019 10:11 PM IST
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.
- September 03, 2019 03:04 PM IST
The Centre has said it will waive taxes, running into crores, due to Jaypee Infratech, if NBCC takes over projects
- August 22, 2019 08:34 PM IST
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.
- August 02, 2019 04:02 PM IST
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
- July 18, 2019 03:44 PM IST
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.
- July 17, 2019 10:07 PM IST
The group of homebuyers also expressed apprehension against giving NBCC the go ahead to complete the unfinished housing projects of Jaypee
- June 24, 2019 01:20 PM IST
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.
- June 20, 2019 11:36 PM IST
"Banks wanted to explore fresh expression of interest but there was no consensus as the matter is pending before NCLAT," sources said.
- June 10, 2019 05:37 PM IST
NCLAT also directs the committee of creditors not to finalise rejection of the NBCC bid without the court's consent.
- May 17, 2019 02:30 PM IST
Directs lenders to conduct fresh voting from May 31.
- May 14, 2019 04:05 PM IST
NBCC's revised bid to acquire Jaypee Infratech was expected to be discussed today by the Committee of Creditors (CoC).
- May 06, 2019 08:28 PM IST
The NBCC bid is likely to be discussed at the May 9 meeting, sources told Moneycontrol.
- May 01, 2019 05:07 PM IST
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
- April 26, 2019 09:31 PM IST
Offer by Mumbai-based Suraksha Group will likely be the only one to be put to vote next week.
- April 24, 2019 10:31 PM IST
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
- April 19, 2019 07:21 PM IST
Over 600 buyers attended the meeting, which they termed as an 'eyewash'.
- March 11, 2019 08:26 PM IST
Homebuyers demand higher delay payment amount paid by NBCC and shorter timelines for completion of units.
- February 24, 2019 03:32 PM IST
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.
- February 19, 2019 10:48 AM IST
The Committee of Creditors has recommended that a forensic audit be conducted as demanded by Jaypee homebuyers.
- December 10, 2018 10:47 PM IST
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.
- November 22, 2018 12:44 PM IST
Formal agenda of the meeting not disclosed but sources say evaluation matrix and process note to be discussed and voted at the CoC meeting
