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PTI
May 8, 2019



BusinessToday.In
May 8, 2019
Essar Steel Asia Holdings Ltd (ESAHL), which owns a 72% stake in the beleaguered company, alleged that L.N. Mittal, ArcelorMittal's chairman and CEO, had suppressed vital facts that would otherwise render him ineligible for bidding under Section 29A of the Insolvency and Bankruptcy Code (IBC)


PTI
May 7, 2019
Meanwhile, Adani group has shown interest in making a bid for Jaypee Infratech, while Jaypee group too has submitted a bid for regaining control of its realty firm


PTI
May 7, 2019



PTI
New Delhi, May 7, 2019
IDBI had approached the NCLT seeking extension of the corporate insolvency resolution process beyond the May 6 deadline as the proceedings are still underway to find a buyer for the Jaypee group's realty firm


PTI
May 6, 2019



PTI
May 6, 2019



PTI
May 5, 2019
In a regulatory filing, Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain informed that a meeting of the committee of creditors (CoC) has been called on May 9 to consider NBCC offer.


PTI
May 4, 2019



PTI
May 3, 2019
Under the insolvency proceedings, 41.85 per cent of the total votes of the committee of creditors (CoC) was against the proposal, while 23.47 per cent was in favour


PTI
May 3, 2019



PTI
May 3, 2019



PTI
May 2, 2019
Aggrieved buyers, who have booked flats in Jaypee Infratech projects, also complained that the voting process is not being carried out in a fair manner


PTI
May 2, 2019



PTI
May 2, 2019



PTI
May 1, 2019
The Committee of Creditors on April 26 had rejected the NBCC bid, terming it conditional and without the necessary approval from the government.


PTI
May 1, 2019
In its meeting on April 26, the committee of creditors (CoC) decided not to consider NBCC's revised bid to takeover Jaypee Infratech as the same was subject to approval of various government authorities.


PTI
May 1, 2019



PTI
April 30, 2019



PTI
April 29, 2019



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