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Jaypee Infratech insolvency: Monitoring panel seeks NCLT direction to implement Suraksha group's resolution plan

Jaypee Infratech has not been able to finalise its annual accounts for the 2022-2023 fiscal due to the pending appeals which are factors beyond its control, according to the filing. While approving the resolution plan, NCLT ordered setting up of the Implementation and Monitoring Committee (IMC) for giving effect to the resolution plan and payments to financial creditors accordingly.

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