ICICI seeks direction on NCLT Allahabad for early hearing on insolvency plea against JAL
In September 2018, ICICI Bank had filed a petition before the Allahabad bench of National Company Law Tribunal (NCLT) seeking to start insolvency proceedings of JAL, which is into infrastructure and real estate.
Jun 17, 2019, 13:22 PM IST
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.
Jun 15, 2018, 18:06 PM IST
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.
May 09, 2018, 17:34 PM IST
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.
May 08, 2018, 09:55 AM IST
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.
Apr 16, 2018, 12:35 PM IST
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.
Mar 21, 2018, 12:40 PM IST
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.
Jan 10, 2018, 12:13 PM IST
SC refuses permisison to Jaypee Group to hive off Yamuna Expressway
The apex court, however, extended the time from October 27 to November 5 for the company to deposit Rs 2000 crore.
Oct 25, 2017, 20:20 PM IST
Jaiprakash Associates approves debt restructuring
The company had called a board meeting to consider the recommendations of the audit committee on the debt restructuring process approved by the Joint Lenders' Forum.
Oct 08, 2017, 15:17 PM IST
Banks eye control of Jaiprakash in debt-for-equity swap: Sources
Banks plan to take control of indebted infrastructure company Jaiprakash Associates Ltd by swapping part of its loans for equity, two banking sources with direct knowledge of the matter said on Friday.
Jul 01, 2016, 22:02 PM IST
Jaypee Group sells cement plants to Ultratech for Rs 15,900 crore
Debt-ridden Jaiprakash Associates today announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900 crore, marking the biggest consolidation in the cement sector.
Mar 31, 2016, 19:35 PM IST
CCI clears UltraTech's purchase of JAL's two cements plants
UltraTech's proposed buyout of two cements plants from Jaiprakash Associates Ltd (JAL) has got the approval of fair trade watchdog CCI, which said the deal is unlikely to have an adverse impact on competition.
Apr 28, 2015, 20:07 PM IST
Jaypee-RPower exclusivity pact likely to be extended
The exclusivity period of the pact for Reliance Power's proposed acquisition of Jaiprakash Associates' hydro power portfolio in a Rs 12,000 crore deal is likely to be extended by 60 days.
Sep 05, 2014, 13:48 PM IST
Reliance Power to acquire all hydro projects of Jaypee group
Anil Ambani Group firm Reliance Power Sunday said it has signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates Ltd.
Jul 27, 2014, 19:30 PM IST
