Jaypee Infratech

Jaypee Infratech appoints Devang Pravin Patel as CFO; to delist company shares from bourses

The appointment has been made with effect from June 8, 2024, according to a recent regulatory filing.

Suraksha Group infuses Rs 125 crore in Jaypee Infratech; to start construction work in stalled projects

Earlier this month, the Mumbai-based Suraksha Group took control of the Jaypee Infratech Ltd (JIL) by constituting a three-member board.

NCLAT asks Suraksha Group to start work on Jaypee Wish Town project

The appellate tribunal said if Suraksha Group and YIEDA will not settle their issues by the next date of hearing on April 18, 2024 then the plea will be heard on merit and a judgment passed

Jaypee Infratech defers approval of financial statements for March 2023 quarter

In view of the pending appeals in the NCLAT, the company said the statutory due date should be extended to give a proper effect of the accounting entries in the books for presenting a true and fair view of the financial performance.

NCLAT will review NCLT's decision on YEIDA's claims regarding compensation to farmers in the Jaypee Infratech case

In March 2023, the National Company Law Tribunal has approved the resolution plan submitted by the Mumbai-based Suraksha Group for Jaypee Infratech through the insolvency process, raising hopes for more than 20,000 homebuyers waiting for their apartments in Noida for over a decade.

Jaypee Infratech case: NCLAT reserves order on Yamuna Expressway authority's interim relief plea

In March 2023, the National Company Law Tribunal has approved the resolution plan submitted by the Mumbai-based Suraksha Group for Jaypee Infratech through the insolvency process, raising hopes for more than 20,000 homebuyers waiting for their apartments in Noida for over a decade.

Income Tax Department challenges NCLT order approving Suraksha Group's bid to take over Jaypee Infratech

Sources confirmed that the I-T Department has filed the petition before the National Company Law Appellate Tribunal (NCLAT) against the NCLT order.

Jaypee Infratech resolution case: Five-member committee set up to handle resolution

The interim resolution professional has handed over control to the interim monitoring committee (IMC) and it has started initiating work on implementation of the resolution plan

Jaypee Infra insolvency: Consortium lenders, except ICICI Bank, assign their debt to NARCL

Jaypee Infratech Ltd (JIL) is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency & Bankruptcy Code (IBC) following an order dated August 9, 2017, passed by the Allahabad-Bench of National Company Law Tribunal (NCLT).

Supertech homebuyers | File your claims with insolvency professional and do not stop your EMIs

The National Company Law Tribunal has admitted an insolvency petition filed by the Union Bank of India against Supertech and appointed Hitesh Goel as the insolvency resolution professional (IRP).

Supreme Court orders NCLT to complete Jaypee Infratech’s insolvency proceedings within two months

Hearings before the NCLT had been deferred several times following which the homebuyers brought the matter to the notice of the SC.

Jaypee Infratech Q2 loss widens to Rs 613.87 crore

The company's total expenses increased to Rs 865.98 crore during July-September quarter of this fiscal year from Rs 693.32 crore in the year-ago period.