Aug 06, 2020 12:52 PM IST
IRP Anuj Jain has been directed to continue managing the affairs of the embattled firm
- Jun 09, 2020 07:15 PM IST
Construction work is currently being overseen by the interim monitoring committee
- Mar 03, 2020 06:18 PM IST
The Rs 750 crore deposited by Jaiprakash Associates would also be part of the plan, NCLT said.
- Oct 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.
- Sep 03, 2019 01:42 PM IST
The Centre has said it will waive taxes, running into crores, due to Jaypee Infratech, if NBCC takes over projects
- Aug 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.
- Aug 02, 2019 02:01 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
- Jul 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.
- Jul 17, 2019 03:44 PM IST
The group of homebuyers also expressed apprehension against giving NBCC the go ahead to complete the unfinished housing projects of Jaypee
- Jun 24, 2019 01:15 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.
- Jun 20, 2019 11:33 PM IST
"Banks wanted to explore fresh expression of interest but there was no consensus as the matter is pending before NCLAT," sources said.
- Jun 10, 2019 02:00 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 02:28 PM IST
Directs lenders to conduct fresh voting from May 31.
- May 13, 2019 10:11 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 06:15 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
- Apr 26, 2019 09:13 PM IST
Offer by Mumbai-based Suraksha Group will likely be the only one to be put to vote next week.
- Apr 24, 2019 09:48 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
- Apr 19, 2019 07:21 PM IST
Over 600 buyers attended the meeting, which they termed as an 'eyewash'.
- Mar 11, 2019 06:58 PM IST
Homebuyers demand higher delay payment amount paid by NBCC and shorter timelines for completion of units.
- Feb 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.
- Feb 18, 2019 06:58 PM IST
The Committee of Creditors has recommended that a forensic audit be conducted as demanded by Jaypee homebuyers.
- Dec 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.
- Nov 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
- Oct 25, 2018 08:52 PM IST
The last date for submitting the expression of interest is November 9, 2018. The last date for submitting the resolution plan is January 5, 2019