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Jaypee Infratech case: Erstwhile promoter JAL demands CoC to consider its offer

In a letter to JIL s Interim Resolution Professional Anuj Jain, the Chairman of Jaiprakash Associates Ltd Manoj Gaur has urged him to consider JAL s settlement offer, which was submitted before the Supreme Court in 2019. Asserting that JIL has more assets than liabilities, Gaur has also claimed that lenders would not be entitled to exercise their rights on loan guarantors if the realty firm is sold at a "throw away price".

India generalAnuj jainJaypee infratechSupreme courtJaypee infratech ltdHonble supreme courtYamuna expressway industrial development authorityCommittee of creditors coJaiprakash associates ltdResolution professionalManoj gaurHon ble supreme courtCorporate insolvency resolution processஇந்தியா ஜநரல்அனுஜ் ஜெயின்ஜெய்பீ இன்ப்றதேச்

Jaypee Infratech financial creditors defer voting process on Suraksha group offer

Later this week, the creditors will decide on whether they will consider afresh the bids of the Suraksha group as well as NBCC

Anuj jainJaypee infratechJaypee infratech ltdஅனுஜ் ஜெயின்ஜெய்பீ இன்ப்றதேச்ஜெய்பீ இன்ப்றதேச் லிமிடெட்

Now, Jaypee Infratech ex-promoter offers to settle lenders dues

The firm is undergoing a debt resolution process under IBC rules

Bharat chughDheeraj wadhwanJaypee infratechJaypee infratech ltdJaiprakash associates ltdManoj gaurExecutive chairmanIndependent counselEx promoterபாரத் சக்தீராஜ் வாத்வான்ஜெய்பீ இன்ப்றதேச்ஜெய்பீ இன்ப்றதேச் லிமிடெட்ஜெய்பிரகாஷ் கூட்டாளிகள் லிமிடெட்மனோஜ் க ur ர்நிர்வாகி தலைவர்

Jaypee creditors panel to discuss NBCC offer on Monday

Jaypee creditors panel to discuss NBCC offer on Monday The move has been strongly objected to by Suraksha group and warns of legal action The creditors’ panel of Jaypee Infratech Ltd (JIL) will meet on Monday morning to discuss submissions made by state-owned NBCC, a move that has been strongly objected to by the Suraksha group that also warned of legal recourse in case voting on its offer does not materialise as scheduled. The sudden meeting of the committee of creditors (CoC) was decided upon after NBCC shot off a strongly-worded letter to the interim resolution professional (IRP) Anuj Jain, questioning his jurisdiction in rejecting the company’s offer for the bankrupt JIL.

Anuj jainJaypee infratech ltdCorporate insolvency resolution processஅனுஜ் ஜெயின்ஜெய்பீ இன்ப்றதேச் லிமிடெட்பெருநிறுவன நொடித்துப்போனது தீர்மானம் ப்ரோஸெஸ்

Steel prices: Pipe manufacturers association seeks government intervention to regulate rising steel prices, Real Estate News, ET RealEstate

Steel prices: Pipe manufacturers association seeks government intervention to regulate rising steel prices, Real Estate News, ET RealEstate
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Jaypee infratech ltdஜெய்பீ இன்ப்றதேச் லிமிடெட்