DHFL lenders challenge NCLT order to consider Kapil Wadhawan s offer businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
After NBCC salvo, Jaypee s CoC to meet on May 24 ahead of voting on Suraksha bid
SECTIONS
After NBCC salvo, Jaypee s CoC to meet on May 24 ahead of voting on Suraksha bidPTI
Last Updated: May 23, 2021, 03:50 PM IST
Share
Synopsis
On May 20, the Committee of Creditors (CoC) approved Suraksha group s bid and rejected the offer made by NBCC, which on May 22, shot off a strongly-worded letter to JIL s Interim Resolution Professional (IRP) questioning his jurisdiction.
Homebuyers claim amounting to Rs 13,364 crore and lenders claims worth Rs 9,783 crore were admitted last year.
The creditors panel of
Jaypee Infratech Ltd (JIL) will hold a meeting in the morning on May 24 to discuss submissions made by state-owned
The Delhi High Court has issued a notice to NCLAT after a lawyer filed a plea against the tribunal’s SOP on the physical filing of documents, despite the e-filing system being in place. The plea cites risk to the lawyers and staff due to the order during the second wave of the coronavirus pandemic.
India Business News: Banks can look forward to improved recovery prospects from promoters of defaulting companies who have provided personal guarantees for corporate loans
The Supreme Court has paved the way for banks and financial institutions to initiate recovery proceeding against individuals, who have guaranteed corporate loans by upholding the government notification of 15 November 2019.