vimarsana.com

Page 25 - கடன் பராமரிப்பு வலைப்பின்னல் வரையறுக்கப்பட்டவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Below the line - The Hindu BusinessLine

Federal PLUS College Loans Can Trap Parents in Debt

Household debt woes deepen with looming interest rate hike

Suraksha Group seeks more time to submit final bid for Jaypee Infratech

Suraksha Group has sought at least seven days extension to submit an improved revised bid to acquire debt-laden Jaypee Infratech Ltd (JIL) through insolvency as it is exploring ways to sweeten its offer for both homebuyers and lenders. The Mumbai-based firm, which is pitted against NBCC to acquire JIL, did not submit its resolution plan on June 4 and rather sought at least seven-day extension to sweeten its offer for homebuyers and bankers. NBCC, however, submitted its resolution plan. It is up to financial creditors now to decide whether Suraksha should be given the extension or not. In a letter to Interim Resolution Plan (IRP) Anuj Jain on Friday, Suraksha Group asserted that it had already submitted a legally compliant resolution plan on May 18 and the bid was deliberated upon in the meeting of the CoC (Committee of Creditors).

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.