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NBCC or Suraksha? 10-day window for decisive Jaypee insolvency vote | Noida News

The insolvency resolution of Jaypee Infratech Limited (JIL) is headed into a decisive couple of weeks, after a process that has stretched for four yea

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For Jaypee buyers, wait for court order may get longer | Noida News

NOIDA: For some 17,000 homebuyers of Jaypee Wish Town, the wait for a resolution might stretch into 2021 as the courts are set to close for winter break next week. “Over the past few days, we have been discussing this issue at video conferences. In its October 8 hearing, the Supreme Court had reserved its judgment. Now that the courts are closing for winter break next week, the pending issue of construction of the remaining flats will only be resolved in 2021,” said Ashish Mohan Gupta, a buyer. Jayshree Swaminathan, another buyer, said, “Since our case has been heard by the Supreme Court, we are sure of an order. We hope it comes in December as only a week is left for the court to close for winter break. It has been a very long wait for the buyers and 2021 will be a decisive year.”

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