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Change in IBC paves way for prepack solutions for the MSME sector

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Creditors to vote on NBCC's, Suraksha's final offers for bankrupt Jaypee Infratech


Creditors to vote on NBCC s, Suraksha s final offers for bankrupt Jaypee Infratech
SECTIONS
Last Updated: Jun 10, 2021, 07:57 PM IST
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Synopsis
According to sources, the CoC, which includes members of 13 banks and a representative of over 20,000 homebuyers, decided to put to vote the resolution plans of both the parties.
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Jaypee Infratech s financial creditors on Thursday decided to put the bids of NBCC and Suraksha group to vote after both parties submitted final offers for the debt-laden company. The winning bidder will acquire
Jaypee Infratech Ltd (JIL), which went into insolvency nearly four years ago, as well as complete more than 20,000 pending flats across various projects in Delhi-NCR. ....

India General , Anuj Jain , Jaypee Infratech , Suraksha Group , Supreme Court , National Company Law Tribunal , Committee Of Creditors Co , Yamuna Expressway Industrial Development Authority , National Company Law Appellate Tribunal , Suraksha Realty , Corporate Insolvency Resolution Process , Resolution Professional , Bankruptcy Code , Yamuna Expressway , Special Purpose Vehicle , Jaypee Infratech Ltd , Idbi Bank , இந்தியா ஜநரல் , அனுஜ் ஜெயின் , ஜெய்பீ இன்ப்றதேச் , சுரக்ஷா குழு , உச்ச நீதிமன்றம் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , குழு ஆஃப் கடன் வழங்குநர்கள் இணை , யமுனா அதிவேக நெடுஞ்சாலை தொழில்துறை வளர்ச்சி அதிகாரம் , தேசிய நிறுவனம் சட்டம் மேல்முறையீடு தீர்ப்பாயம் ,