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Jaypee Infra insolvency: Creditors decide to vote on NBCC bid from Friday

Updated : May 30, 2019 02:17 PM IST

The voting under the insolvency process, run by Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain, will start from Friday and continue till June 10.
As many as 13 banks and over 23,000 home buyers have voting rights in the committee of creditors (CoC). Buyers have nearly 60 percent votes.
For the bid to be approved, 66 percent voters should be in favour of the deal.
Jaypee Infra insolvency: Creditors decide to vote on NBCC bid from Friday
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