nbcc
Jaypee Infra insolvency: Lenders put 5 conditions to NBCC for considering bid
As many as 13 banks and 23,000 homebuyers have voting rights in the committee.
Jaypee Infra insolvency: Creditors' meet on May 30 to discuss NBCC bid
At present, bankers and NBCC are negotiating on the latter's bid to acquire Jaypee Infratech.
NCLAT annuls lenders' voting on NBCC's bid to acquire Jaypee Infratech
The NCLAT also allowed nine homebuyers' associations representing around 5,000 buyers to file intervention application.
Jaypee Infra insolvency: Over 23,000 homebuyers, 13 banks start voting on NBCC's bid
The voting process will end on Sunday and the outcome would be declared on May 20.
Jaypee Infratech creditors decide to put on vote NBCC's revised bid
Homebuyers are likely to vote in favour of NBCC bid but many flat owners fear that lenders may reject it.
NBCC decides against diluting conditions in revised bid for Jaypee Infratech
NBCC's revised bid to acquire Jaypee Infratech and complete work of over 20,000 flats would be discussed on May 14 by CoC.
Jaypee Infratech insolvency: Lenders ask NBCC to withdraw some conditions
Lenders wrote a letter to NBCC late on Friday regarding this matter,
Suraksha's bid to acquire Jaypee Infra fails after creditors reject offer
Jaypee Group's promoters too are keen to retain control over its realty arm and have submitted debt resolution plan under IBC.
After govt nod, NBCC asks Jaypee Infratech RP to reconsider offer
The CoC on April 26 had rejected NBCC bid, terming it conditional and without the necessary approval from the government
Jaypee Infratech insolvency: NBCC gets approvals from govt for revised offer
According to sources, NBCC has got the approvals from the Department of Expenditure and the DIPAM for its revised offer.