Revive Jaypee’s insolvency process: IBBI and Jaypee to SC1 min read . Updated: 19 Jul 2018, 11:26 AM IST
Additional Solicitor General Tushar Mehta, who appeared for the Insolvency Board, submitted that the case involved genuine interests of homebuyers and must be decided by NCLT as per statutory framework
New Delhi: The Insolvency and Bankruptcy Board of India and the insolvency resolution professional for Jaypee Infratech Limited (JIL) urged the Supreme Court on Wednesday to revive corporate insolvency resolution process for the debt-ridden company and constitute a fresh committee of creditors in the light of the peculiar facts of the case.
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