Thursday, April 8, 2021

NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech through insolvency

Last month, the Supreme Court remitted to the Committee of Creditors (CoC) the issue of approval of resolution plan for Jaypee Infratech Ltd (JIL), saying no new expression of interest will be entertained for taking over the firm and only NBCC and Suraksha Realty may file revised proposals.

source https://economictimes.indiatimes.com/industry/banking/finance/nbcc-suraksha-group-submit-revised-bids-to-acquire-jaypee-infratech-through-insolvency/articleshow/81966866.cms

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