Wed, Jul 17, 2019
The two-judge Bench, headed by NCLAT Chairman Justice S.J. Mukhopadhaya, also laid down the grounds for the terms and conditions saying there should not be any change in the apartment and amenities promised to allottees by the original developer.
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Tue, Jul 02, 2019
NBCC`s bid to acquire the company was rejected by the lenders, led by IDBI Bank, in the latest round of voting, even though the home buyers were in its favour.
Mon, Jun 10, 2019
"As the voting is going on, we are not inclined to pass any orders. We make it clear that if any financial creditor remains absent from voting, their voting percentage would not be counted," the Appellate Tribunal said.
Fri, Oct 13, 2017
The court was told that the company had a prospective buyer who was willing to pay Rs2,500 crore for the project.
Tue, Sep 12, 2017
Share price of Jaypee Infratech is trading at lower circuit and its parent company Jaiprakash Associates has tumbled by nearly 7%.
Mon, Sep 11, 2017
Interim resolution professional Anuj Jain has been asked to provide a solution within 45 days to protect the interest of homebuyers and creditors of Jaypee.
Tue, Sep 05, 2017
On August 09, the Allahabad bench of the National Company Law Tribunal (NCLT) admitted plea of IDBI Bank to begin insolvency proceedings against Jaypee Infratech for defaulting on a loan of Rs 526.11 crore.
Mon, Sep 04, 2017
Last month nearly 32,000 homebuyers filed a petition before SC seeking stay on NCLT's insolvency proceedings against Jaypee Infratech - as fears rolled among them that the money they invested in the builder would go to waste due its defaulting company.
Thu, Aug 24, 2017
NCLT bench has asked home buyers of Jaypee Infratech to file for refund claims by August 24, 2017. However, home buyers have knocked the doors of Supreme Court seeking stay on NCLT order.
Sun, Aug 20, 2017
Scores of protesters raising slogans against Jaypee Infratech also tried to march towards the Parliament building but were stopped by the police.
Wed, Aug 16, 2017
Share price of Jaypee Infratech touched both upper and lower circuit on BSE as homebuyers continue to rush for filing NCLT claims.
Mon, Jun 19, 2017
RBI had asked bankers to bring the identified 12 defaulters before NCLT by the end of this month.
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