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Suraksha Asset Reconstruction Cos News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jaypee homebuyers writes to UP CM requesting to approve proposal of out of court settlement for farmers compensation

In March this year, a bankruptcy court had approved Suraksha Asset Reconstruction Cos (ARC) takeover of the debt-laden property and infrastructure company Jaypee Infratech, dismissing three different appeals against the Rs 7,936- crore resolution bid and rekindling hopes of about 20,000 homebuyers waiting for possession of their promised apartments for nearly a decade.

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