Jaypee Infratech’s CoC defers voting on Suraksha Realty’s resolution plan
May 24, 2021
CoC decided to put to vote the final Resolution Plan on May 28
The Committee of Creditors (CoC) of Jaypee Infratech decided to defer the voting scheduled to commence from May 24, 2021 on the final Resolution Plan of Suraksha Realty Ltd along with Lakshdeep Investments and Finance Private Ltd and other items.
The CoC also decided to put to vote from May 27, 2021 to May 28, 2021 the proposal of allowing further time to both Resolution Applicants for submitting final Resolution Plan; and other items, as per Jaypee Infratech’s regulatory filing.
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63 moons urges NCD, FD holders to oppose DHFL resolution plan at NCLT, seek Rs 30,000 cr
By IANS |
Published on
Fri, Jan 8 2021 17:21 IST |
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DHFL. Image Source: IANS News
Mumbai, Jan 8 : 63 moons technologies has invited other non-convertible debentures (NCD) and fixed deposit (FD) holders of Dewan Housing Finance Ltd (DHFL) to oppose the DHFL resolution plan at the National Company Law Tribunal Mumbai, by filing separate applications to seek fraudulent transaction recovery benefits of Rs 30,000 crore.
The company stated that both NCD and FD holders have to face huge hair-cuts, approximately of Rs 50,000 crore in the current insolvency process. The promoters of DHFL have siphoned approximately Rs 30,000 crore, of which Rs 14,000 crore has been traced by the Grant Thornton forensic audit report itself.
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