• SENSEX
    NIFTY 50
Real Estate

Jaypee Infra Resolution Plan: Lenders ready to accept NBCC bid with certain 'changes'

Updated : May 29, 2019 12:57 PM IST

In 2017, Jaypee Infratech went into insolvency process after NCLT admitted an application by an IDBI Bank-led consortium seeking revival of the realty firm.
On the bankers’ plea, the NCLAT had on May 17 annulled voting by homebuyers and lenders on NBCC’s bid and allowed renegotiation on the offer by May 30.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV