Seeking multiple concessions for acquiring bankrupt realty firm Jaypee Infratech, NBCC has offered to pay Rs 20 crore against over Rs 9,712-crore dues of operational creditors, including the income tax department and Yamuna Expressway development authority YEIDA.
A Committee of Creditors (CoC) is scheduled to meet on May 9, 2019 to discuss the revised offer of NBCC after creditors, including bankers and home buyers, rejected the offer of Mumbai-based Suraksha Realty.
NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.
