NCLAT seeks status report on Jaypee Infratech insolvency resolution1 min read 13 Jul 2018, 02:02 PM IST
The NCLAT has directed the listing on July 20 of the matter in which banks have challenged rights over land mortgaged with them by Jaypee Infratech
New Delhi: The National Company Law Appellate Tribunal (NCLAT) today asked the resolution professional (RP) for Jaypee Infratech to submit details on the progress of the insolvency resolution process of the debt-ridden firm. A two-member bench of the appellate tribunal, headed by Chairman Justice S J Mukhopadhaya, has asked the RP to list out the stage of the corporate insolvency resolution process.
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