Economy
Govt sets March deadline to resolve Jaypee Infratech insolvency case, among others: report
Updated : January 29, 2019 09:27 AM IST
According to the report, the 12 high-value insolvency cases owed about Rs 2.5 lakh crore to banks and are yet to be sorted out even after 18 months, way above the 270-day deadline in the law.
Jaypee Infratech case is in focus as there is a massive public interest in the company, which is yet to deliver 20,000 apartments, villas and plots to homebuyers.
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