Jaiprakash Associates defaulted on a repayment of Rs 4,161 crore of loans due on March 31, 2023, the company said in an exchange filing April 29, 2023. The flagship company of the Jaypee Group … READ FULL STORY
State Bank of India (SBI) has initiated insolvency proceedings against Jaiprakash Associates in the bankruptcy court over a loan default of Rs 6,893 crore. The move by SBI comes over five years after the … READ FULL STORY
Banks and financial institutions (FIs), which have lent money to Jaiprakash Associates Limited (JAL), on July 17, 2018, urged the Supreme Court that the assets of holding firm JAL, should not be used for … READ FULL STORY
A Supreme Court bench headed by chief justice Dipak Misra, was informed by senior advocate Fali S Nariman, on July 16, 2018 that Jaiprakash Associates Limited (JAL) has already deposited Rs 750 crores with … READ FULL STORY
The Supreme Court, on July 4, 2018, suggested that realty firm Jaiprakash Associates Limited (JAL) should pay Rs 600 crores, instead of Rs 1,000 crores ordered earlier, to refund the principal amount to the … READ FULL STORY
Maintaining that it was ‘fully committed’ to construct homes and make payments to home buyers for the delay in handing over possession, Jaiprakash Associates Ltd (JAL) has also sought the constitution of a committee, … READ FULL STORY
The Supreme Court, on May 16, 2018, ordered real estate firm Jaiprakash Associates Limited (JAL), to deposit an additional Rs 1,000 crores, by June 15, 2018, to refund money to the home buyers, if … READ FULL STORY
Realty firm Jaiprakash Associates Limited (JAL), on May 11, 2018, told the Supreme Court that it has deposited Rs 750 crores with the apex court registry, for refunding money to home buyers and sought … READ FULL STORY
The Supreme Court, on April 16, 2018, directed realty firm Jaiprakash Associates Limited (JAL), to deposit Rs 100 crores with its registry, by May 10, 2018. The bench, headed by chief justice Dipak Misra, … READ FULL STORY
Jaiprakash Associates Ltd (JAL), on October 7, 2017, that said its board had approved the transfer of certain assets and liabilities, including a debt of over Rs 11,834 crore, to its subsidiary Jaypee Infrastructure … READ FULL STORY
The Rs 5,763-crore Eastern Peripheral Expressway project to decongest Delhi, is on a fast-track to completion in about 400 days, to become India’s first 135-km green road to be lit entirely by solar panels … READ FULL STORY
