The National Company Law Tribunal has ordered the initiation of insolvency proceedings against Jaiprakash Associates Ltd (JAL). This action comes six years after lenders, led by ICICI Bank, first sought such measures. The decision is expected to impact JAL’s real estate operations in Noida and Greater Noida. However, these operations are on a smaller scale compared to Jaypee Infratech, which was admitted for insolvency in 2018 after ICICI Bank had also moved against JAL.
17 Apr 12:27 PM
Diesel Price had declined across the country after over a month on Wednesday. However, the petrol prices have remained unchanged for Read more
17 Apr 12:27 PM
Diesel Price had declined across the country after over a month on Wednesday. However, the petrol prices have remained unchanged for Read more
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17 Apr 12:27 PM
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