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News
JAL ongoing housing projects
JAL ongoing housing projects News
Supreme Court
15 Jun 2018
Jaiprakash Associates to submit plan to protect home buyers' interest in SC
On May 16, the apex court had said that the liquidation proceedings against JAL's debt-ridden subsidiary Jaypee Infratech Ltd (JIL) shall remain stayed on submission of this amount.
Supreme Court
09 May 2018
Jaypee group deposits Rs 100 crore with Supreme Court's Registry
Home buyers of debt-ridden Jaypee Infratech, the real estate arm of JAL, had moved the apex court seeking relief in view of significant delays in completion of housing projects.
Supreme Court
08 May 2018
Jaypee promoters submit over Rs 10K crore revival plan for Jaypee Infra
The offer, which includes paying part of Rs 9,800 crore debt, giving lenders an equity stake in the company and completing unfinished housing projects, is over 25 per cent higher than the best bid made for Jaypee Infratech at the bankruptcy proceedings.
Supreme Court
16 Apr 2018
SC directs Jaypee Associates to deposit Rs 100 crore by May 10
SC has directed Insolvency Resolution Person to consider representation of JAL as per law.
Supreme Court
21 Mar 2018
SC directs Jaypee Associates to deposit Rs 200 crore by May 10
The court also stayed all notices for demands raised by the developers to the home buyers seeking refund of their money.
Supreme Court
10 Jan 2018
SC asks Jaypee to file list of ongoing housing projects in the country
The apex court has also ordered creation of a portal for registering grievances of homebuyers of JAL.
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