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Jaypee Infratech to pay creditors entire outstanding amount without any haircut

24 Jul 2019 Evaluate

Promoters of Jaypee Infratech have proposed before the National Company Law Appellate Tribunal (NCLAT) that they will pay creditors entire outstanding amount without any haircut and complete pending projects within three years.

Jaypee Infratech is a subsidiary of the Jaypee Group, a diversified infrastructure conglomerate in India with interests in Engineering & Construction, Power, Cement, Real Estate, Hospitality, Expressways, Sports & Education (not-for-profit). 

Peers
Company Name CMP
Lodha Developers 944.00
Prestige EstatesProj 1371.80
Dilip Buildcon 358.25
DLF 650.40
Oberoi Realty 1587.60
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