
In June last year, Mumbai-based Suraksha group received the approval of financial creditors and homebuyers to take over the JIL,…
“Suraksha Group has won the bid with 98.66% votes. It got 0.12% more votes than NBCC,” JIL’s interim resolution professional…
The 10-day-long voting process on the takeover proposals submitted by NBCC and Suraksha group ended on Wednesday afternoon
The concession agreement was signed between YEIDA (then Taj Expressway Industrial Development Authority) and JAL in February 2003. JAL’s rights…
In November 2019, the Supreme Court directed the completion of JIL insolvency process within 90 days and ordered that the…
Sources said that around 75-76% of the CoC members voted in favour of allowing time from May 29 to June…
At its meeting held on May 24, the Committee of Creditors (CoC) deferred the voting on Suraksha Group’s bid. It…
If the proposal to give a week’s time to both the parties to submit their revised bids does not get…
Peeved over the proposed CoC meeting, the Suraksha group has written a strongly-worded letter to Anuj Jain and bankers, seeking…
In its revised resolution plan, NBCC proposed that DFCs would be allowed to enforce security interest, forming a part of…
Before submitting the revised plans, both Suraksha and NBCC held meetings with the homebuyers on May 2 and May 7,…
A Committee of Creditors (CoC) met on Saturday to discuss the revised bids of state-owned NBCC and Suraksha group for…
The top court directed that the resolution shall be completed within a period of 45 days from the date of…
Jaypee Infratech Q4 results: The company said due to slowdown in the economy and resultant subdued demand of real estate…
Shares of Jaypee Infratech and DLF today rose by up to 8 per cent following the government’s move to reduce…
Shares of Jaypee Infratech slumped 9.5 per cent on Friday after the company reported 43.23 per cent drop in standalone…