national company law tribunal: Jaiprakash Associates defaults on Rs 4,044-crore loans
The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds).
Uttar Pradesh Aditya Birla National Company Law Tribunal Jaypee Infratech Ltd Jaypee Group Jaiprakash Associates
Source: indiatimes.com