NBCC says its resolution plan for acquiring Jaypee Infratech 'legally compliant'
NBCC, in its letter to the IRP, said that if it is permitted to submit a revised bid, it would do on the basis of the IRP's observations and his satisfaction for the benefit of all the stakeholders, primarily the homebuyers who should not suffer due to differing legal interpretations.
Long wait for banks and homeowners on Jaypee Infra debt resolution
CoC to vote on NBCC's offer todayJaypee Infratech lenders to meet on Monday
NBCC wrote to the company's debt resolution professional Anuj Jain, questioning his jurisdiction and also sent clarification on the queries raised by the lenders
NBCC (India) Ltd - 534309 - General Updates-Submission Of Addendum To The Revised Resolution Plan By NBCC For Jaypee Infratech Limited
Sir, In continuation of our previous intimation dated May 19, 2021 regarding submission of revised Resolution Plan for Jaypee Infratech Limited (JIL) on May 18, 2021, which is under Corporate Insolvency Resolution Process. It is hereby informed that in consideration of further discussions and meetings with Committee of Creditors (CoC) and communication with Interim resolution Professional (JIL), NBCC has submitted the Addendum to the revised Resolution Plan dated May 18, 2021 for Jaypee Infratech Limited (JIL) on May 22, 2021. The aforesaid information is also available on the website of the company at https://www.nbccindia.com/webEnglish/announcementNotices
Committee of creditors rejects NBCC resolution plan for Jaypee Infratech
Lenders to vote on Suraksha plan from Monday
NBCC bags a contract worth about Rs 597 crore in Uttarakhand
State-owned construction firm NBCC (India) Ltd said it has bagged a contract worth about Rs 597 crore in Uttarakhand NBCC (India) Ltd - 534309 - General Updates-Submission Of Revised Resolution Plan By NBCC For Jaypee Infratech Limited
Sir, In continuation of our previous intimation dated May 11, 2021 regarding submission of revised Resolution Plan for Jaypee Infratech Limited (JIL) on May 10, 2021, which is in under Corporate Insolvency Resolution Process, it is hereby informed that in consideration of further discussions and meetings with Committee of Creditors (CoC), NBCC has again submitted the revised Resolution Plan for Jaypee Infratech Limited (JIL) on May 18, 2021. The aforesaid information is also available on the website of the company at https://nbccindia.in/webEnglish/announcementNotices. NBCC (India) Ltd - 534309 - Announcement under Regulation 30 (LODR)-Award of Order Receipt of Order
Sir, This is to inform that NBCC (India) Limited has been awarded the work order for Comprehensive design, engineering and project management consultancy (PMC) services for construction & development of infrastructural facilities in the main campus of National Institute of Technology, Uttarakhand at Sumari (Pauri Garhwal). NBCC is the Project Management Consultant for this project of the value Rs. 596.75 crore. The aforesaid information is also available on the website of the company at https://nbccindia.in/webEnglish/announcementNotices. This is for your information and record. Jaypee Infra insolvency case: NBCC, Suraksha expected to submit revised bids by May 18
Next meeting of committee of creditors likely to be held on May 19, sources say. Jaypee insolvency: Revised bids by NBCC and Suraksha Group to be discussed at CoC meeting on May 15
NBCC is offering up to 1,903 acres of land while Surakasha group has proposed over 2,600 acres to the lenders. Suraksha group has earmarked 1,486 acres to dissenting lenders out of the total land parcels offered in the proposal