Jaypee Group

Jaypee Group News

NBCC submits bid to acquire debt-ridden Jaypee Infratech

The committee of creditors (CoC) is now expected to meet on Monday (February 18) to take up the bids. Lenders to JIL have already approved the proposed evaluation matrix of the bids and the process for request for resolution plan through electronic voting.

Top management of Jaypee group, 300 guards booked for ‘dacoity’

Expressway SHO Vedpal Singh Pundir said, “An FIR under IPC Section 394 (dacoity) been registered against Sameer Gaur, Colonel Tiwana, Mangal Singh, Naushad Ali – who form the top management – and around 300 other security guards. We are investigating the case.”

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Jaypee debt case: SC seeks list of realty group's ongoing housing projects in country

The Reserve Bank of India had approached the highest court on Monday with a plea to start insolvency proceedings against the group.

Jaypee case: SC refuses to accept Rs 400 crore, asks firm to deposit substantial amount to prove bonafide

Jaypee Associates, which was asked to deposit Rs 2,000 crore, rushed to the top court, saying no company possessed such a huge amount of "liquid" fund

Jaypee Infra insolvency: IRP floats Expressions of Interest for resolution plans

Earlier this week, the Supreme Court refused permission to Jaiprakash Associates Ltd to hive off the rights of multi-crore six-lane Yamuna Expressway. The apex court, however, extended the time from October 27 to November 5 for the company to deposit Rs 2,000 crore.

Jaypee plea to hive off Yamuna Expressway rights rejected

Appearing for Jaypee, senior advocates Kapil Sibal and Mukul Rohatgi said the company may be permitted to transfer its rights under the Concession Agreement with respect to the Yamuna Expressway.

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'Got 400 complaints from Jaypee buyers', says Ram Vilas Paswan

“The panel, which is to be headed by the consumer affairs secretary, will study and submit a status report within three days. We will see if there is any jurisdiction... We want to protect the interests of home buyers,” Paswan told reporters.

Lenders to Jaiprakash Power seek buyer for 30 per cent stake

Bankers to JPVL include SBI and its subsidiaries, Bank of India, Canara Bank, Punjab National Bank, IDBI Bank, ICICI Bank, UCO Bank, Union Bank of India and Central Bank of India, among others.

Supreme Court to hear PIL on protecting Jaypee home buyers on Thursday

“The actions as have been taken under the Code have led to a situation wherein the lifelong savings of the flat owners will go to waste with no prospects of them recovering the same, if their interests are not saved by this court,” the petition said.

Days after insolvency plea: Jaypee investors can submit claim by August 24

Finance Minister Arun Jaitley Wednesday also expressed sympathy with the agitating home buyers and maintained that all those who had invested in the projects should get their flats.

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