NCLT approves Suraksha group’s bid for Jaypee Infratech; relief for more than 20,000 homebuyers

NCLT approves Suraksha group’s bid for Jaypee Infratech; relief for more than 20,000 homebuyers

The National Company Law Tribunal (NCLT) on March 7 approved the Mumbai-based Suraksha group’s bid to buy Jaypee Infratech Ltd, a development that comes as a relief for more than 20,000 homebuyers nearly six years after the debt-ridden company entered into the insolvency process. The ruling, which also comes nearly two years after the Committee […]

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