Journalism of Courage
Jaypee Infratech projects
JAYPEE INFRATECH PROJECTS NEWS
‘I’m retired now, don’t know how many more years I can fight’: Jaypee homebuyers protest delay in flat delivery
April 11, 2025 6:20 am
Construction has remained stalled even after the National Company Law Tribunal (NCLT) approved the resolution plan.
Flats not delivered on time, years of litigation: Jaypee homebuyers remain stuck in limbo
February 12, 2024 8:46 am
Flats not delivered on time, years of litigation, mounting expenses — for buyers who purchased flats in Jaypee’s housing projects, their dreams of a home have turned into a nightmare. While another firm was brought on board to take over construction, the finish line is far from close. What went wrong? Dheeraj Mishra finds out
Jaypee Infratech insolvency: NBCC wants its bid to be considered on merit
April 29, 2019 1:07 pm
In a letter to IRP Anuj Jain, NBCC said it would soon get the approvals of various government departments on its revised offer submitted on April 24. The public sector unit emphasised that its resolution plan to revive Jaypee Infratech safeguards the interests of bankers as well as home-buyers.
Deposit money, then we will hear you, Supreme Court tells Jaypee Associates
November 07, 2017 2:32 am
The counsel told the court that the company had only been able to arrange Rs 400 crore, after the court passed an order on September 11 asking it to deposit Rs 2,000 crore to refund home buyers who had invested it its properties
IDBI moves SC against stay of insolvency proceedings against Jaypee Infratech
September 05, 2017 1:24 pm
The buyers had contended that around Rs 25,000 crore worth of money of flat buyers and others had been at stake and the insolvency proceedings were initiated "for a petty sum of Rs 500 crore". Around 32,000 persons had booked flats in Jaypee Infratech projects.
Insolvency proceedings against Jaypee Infratech stayed by Supreme Court
September 04, 2017 1:45 pm
Jaypee Infratech is part of 12 large defaulters identified by Reserve Bank of India. The company had reported a net loss of Rs 876 crore on Rs 962 crore in revenues in 2016-17 and its gross debt stood at Rs 7,922 crore.
Supreme Court to hear plea of Jaypee home buyers on Thursday
August 23, 2017 12:05 pm
Hundreds of home buyers have been left in the lurch after the National Company Law Tribunal (NCLT), on August 10, admitted the IDBI Bank's plea for initiating insolvency proceedings against the debt-ridden realty company for defaulting on a Rs 526-crore loan.
Days after insolvency plea: Jaypee investors can submit claim by August 24
August 17, 2017 4:21 am
Last week, panic broke out among home investors after IDBI filed an insolvency plea in the Allahabad bench of the National Company Law Tribunal (NCLT), stating that the company had defaulted on a loan of Rs 526 crore.
Advertisement
Best of Express
EntertainmentDharmendra worshipped 'star' Meena Kumari, tried to curb her drinking; she loved him 'passionately': 'Most beautiful...'
Trending‘Sabzi mandi’: Hundreds of suitcases seen lying at Delhi airport amid IndiGo crisis; video goes viral
Advertisement
Advertisement