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Jaypee Infratech homebuyers

Relief for Homebuyers; SC asks Jaypee to deposit Rs 1,000 crore by next week

Relief for Homebuyers; SC asks Jaypee to deposit Rs 1,000 crore by next week

Tue, Nov 07, 2017

32,000 homebuyers have been sitting with baited breath after when its developer turned defaulter against loan amount Rs 526.11 crore from IDBI Bank.   

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Jaypee Infratech Case: IDBI Bank files plea before SC seeking modification in NCLT's insolvency proceedings

Jaypee Infratech Case: IDBI Bank files plea before SC seeking modification in NCLT's insolvency proceedings

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. 

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