The National Company Law Appellate Tribunal on Friday upheld Mumbai-based Suraksha Group’s resolution plan for the debt-ridden Jaypee Infratech Limited that has failed to deliver around 20,000 apartments in its housing project “Wish Town” in sectors 128, 129, 130, 131 and 132 areas along Noida-Greater Noida Expressway. The Yamuna Expressway Industrial Development Authority had approached National Company Law Appellate Tribunal, …
The Yamuna Expressway Industrial Development Authority officials and Suraksha Group held a meeting on Thursday to discuss the issue of compensation for farmers whose land was acquired for various Jaypee Infratech projects, officials said. This direction came after Yeida filed an appeal in March 2023 when Suraksha Group, a Mumbai based real estate developer started taking over Jaypee Infratech, in …
