The Supreme Court, on September 11, 2017, directed the embattled real estate firm Jaypee Associates, to deposit Rs 2,000 crores by October 27, 2017, with its registry and asked the NCLT-appointed interim resolution professional … READ FULL STORY
The Supreme Court, on September 5, 2017, agreed to hear IDBI Bank’s plea, seeking modification of its order staying insolvency proceedings against embattled real estate firm Jaypee Infratech, on September 11. A bench comprising … READ FULL STORY
To deal with the problem of stalled projects in Delhi-NCR, CREDAI-NCR president Pankaj Bajaj, on August 31, 2017, said that the association’s members could become co-developers in such projects, provided that they have legal … READ FULL STORY
A Supreme Court bench, comprising chief justice JS Khehar and justice DY Chandrachud, said that it will hear a plea of flat buyers of Jaypee Infratech, who feared that they would neither get a … READ FULL STORY
Scores of home buyers in Jaypee Infratech’s projects in Noida, on August 19, 2017, raised slogans against the company for its failure to deliver homes on schedule and also tried to march towards the … READ FULL STORY
Abhinav Kanchan works with a reputed developer from Bangalore. Consequently, he understands the importance of buying a home from a credible developer. Therefore, seven years ago, he booked a flat in Noida in Jaypee … READ FULL STORY
With hundreds of home buyers left stranded, after the National Company Law Tribunal (NCLT) admitted bankers’ plea for initiating insolvency proceedings against Jaypee Infratech, for defaulting on a Rs 526-crore loan, the government has … READ FULL STORY
Jaypee Wish Town investors, on April 21, 2017, gathered at the Yamuna Expressway Industrial Development Authority (YEIDA) office in Noida, to protest against the builder over delays in the project completion and alleged diversion … READ FULL STORY
