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NCLT directs insolvency against JP Associates

NCLT directs insolvency against JP Associates
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Jaiprakash Associates defaults on Rs 4,616 cr loans

Jaiprakash Associates defaults on Rs 4,616 cr loans
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

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Jaiprakash Associates defaults on Rs 4,616 crore loans, Real Estate News, ET RealEstate

Jaiprakash Associates defaults on Rs 4,616 crore loans, Real Estate News, ET RealEstate
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FinMin reviews bankruptcy proceedings of Jaiprakash Associates, Arch Pharma Labs, other high-profile cases

Secretary of the Department of Financial Services, Vivek Joshi, asked banks to move forward in declaring defaults, so that companies can move towards the resolution process.

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Lenders seek RBI clearance to sell Jaiprakash Associates loan to NARCL, ET RealEstate

SBI-led lenders seek RBI approval to transfer JAL s ₹18,000 crore debt to NARCL for a ₹10,000 crore acquisition, impacting IBC processes and NCLT resolutions. Dalmia Cement offers ₹5,666 crore for JAL s units amid ongoing litigations.

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