Nbcc Proposal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Noida: Jaypee homebuyers have been waiting for their houses for more than a decade. They are being asked to wait some more.
The insolvency resolution process that aims to complete the nearly 20,000 houses that Jaypee Infratech Limited (JIL) was to deliver at its sprawling township, Wish Town, in Noida will stretch longer. Interim resolution professional (IRP) Anuj Jain has applied to the Supreme Court for a 30-day time extension to allow public sector company NBCC – which is one of the two players in the fray to take over JIL – to file a proposal that is compliant with the Insolvency and Bankruptcy Code (IBC), 2016. ....

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