Jaypee Infratech insolvency: lenders, homebuyers ask Suraksha group to improve bid
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Last Updated: Apr 18, 2021, 09:33 AM IST
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A Committee of Creditors (CoC) met on Saturday to discuss the revised bids of state-owned NBCC and Suraksha group for acquiring Jaypee Infratech through the insolvency process.
This is the fourth round of bidding in the matter of Jaypee Infratech, which went into insolvency in August 2017.
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NEW DELHI: Lenders of Jaypee Infratech have asked Suraksha group to improve its bid by offering more land while homebuyers pitched for a reduction in timeline for completion of housing projects, sources said on Saturday.