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Suraksha Group takes control of bankrupt Jaypee Infratech

In a big relief to over 20,000 homebuyers, Suraksha Group has taken control of the debt-ridden realty firm Jaypee Infratech by constituting a three-member board and will soon infuse Rs 125 crore equity fund to start construction of stalled housing projects across Delhi-NCR. The takeover follows

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NCLT directs insolvency against JP Associates

NCLT directs insolvency against JP Associates
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Uttar pradeshPraveen guptaJaypee infratechAshish vermaNational company law appellate tribunalNational company law tribunalJaiprakash associatesJaypee cement corporationJaypee groupState bankReserve bankMumbai based suraksha

NCLAT upholds NCLT order on Jaypee Infra, asks Suraksha to pay additional Rs 1,300 crore

NCLAT upholds NCLT order on Jaypee Infra, asks Suraksha to pay additional Rs 1,300 crore
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India generalNational company law tribunalSuraksha realty onSuraksha realtyJaypee infratech ltdMumbai based surakshaYamuna expressInsolvency resolution process

NCLAT upholds NCLT order on Jaypee Infratech ,asks Suraksha to pay additional Rs 1,300 crore, ET RealEstate

NCLAT upholds NCLT order on Jaypee Infratech ,asks Suraksha to pay additional Rs 1,300 crore, ET RealEstate
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Mumbai-based Suraksha to deliver relief for 20,000 homebuyers after NCLT s nod to takeover Jaypee Infra

Jaypee has been staying afloat on earnings from the Yamuna Expressway project and a healthcare business.

India generalJaypee infratechNational company law tribunalMumbai based surakshaJaypee infraGreater noidaYamuna expressway