Jaiprakash Associates

Jaypee Group Apologises To Homebuyers, Says Will Finish Pending Projects

India News | Press Trust of India | Saturday April 20, 2019

In a fresh attempt to retain control over its realty arm Jaypee Infratech, crisis-hit Jaypee group's promoters Friday apologised to thousands of distressed home buyers and promised to infuse Rs 2,000 crore to complete pending apartments over the next four years.

Home For Family Is A Basic "Human Yearning": Supreme Court

India News | Press Trust of India | Friday August 10, 2018

The Supreme Court today observed that having a house for a family was a "basic human yearning" wherein hard earned money was invested in the hope of obtaining a roof over their heads.

Top Court Denies Jaiprakash Associates From Bidding For Jaypee Infratech

India News | Indo-Asian News Service | Thursday August 9, 2018

The Supreme Court on Thursday said that the promoters of Jaiprakash Associates cannot bid for Jaypee Infratech, which is facing insolvency proceedings before the National Company Law Tribunal (NCLT).

Tribunal Given 180 Days To Finish Insolvency Proceedings Against Jaypee Group

Business | Press Trust of India | Thursday August 9, 2018

The top court also allowed RBI to direct banks to initiate separate insolvency proceedings against JIL's holding company Jaiprakash Associate Limited.

Can Pay 600 Crores If Allowed To Sell Assets, Says Jaiprakash Associates

India News | Press Trust of India | Tuesday July 17, 2018

Jaiprakash Associates Limited (JAL) has told the Supreme Court that it would deposit Rs 600 crore more to refund the home buyers if it was allowed to dispose of its identified assets, including a cement plant at Rewa in Madhya Pradesh.

Supreme Court Directs Jaiprakash Associates To Deposit Rs 100 Crore

Business | Press Trust of India | Monday April 16, 2018

The real estate firm has so far deposited Rs 650 crore with the Supreme Court registry.

Supreme Court Directs Jaiprakash Associates To Deposit Rs 200 Crore By May 10

Business | NDTV Profit Team | Wednesday March 21, 2018

The money will be used to make refunds to the buyers who have sought refund for their investments in a project Jaypee Wish Town in Greater Noida.

Supreme Court Maintains Ban On Sale of Jaypee Associates Assets

Business | Thomson Reuters | Wednesday January 10, 2018

The Supreme Court of India maintained a ban on sale of assets or a stake in Jaiprakash Associates, while saying it would hear at a later date a plea by the RBI seeking to push the infrastructure company into insolvency proceedings.

Jaypee Group Targets Delivery Of 5,000 Flats By June

Business | NDTV Profit Team | Friday January 5, 2018

Jaypee group needs Rs 8,000 crore to complete incomplete flats, of which Rs 6,000 crore would come from home buyers while another Rs 2,000-2,500 crore needs to be infused

Jaiprakash Group Gets 25 Days More To Deposit Rs 125 Crore

Business | Press Trust of India | Friday December 15, 2017

The company had to deposit the amount by December 31 and wanted a two-month extension.

'You Can't Destroy Lives': Now, Jaypee Bosses Banned From Selling Assets

Business | Wednesday November 22, 2017

To ensure that Jaypee refunds thousands of investors who have paid the real estate developers for flats near Delhi that are still not built, the Supreme Court today ordered that none of the promoters or directors of the company can sell any of their assets. The ban extends to assets owned by their immediate family members too. This group of 13 exec...

JP Associates-JSW Keen To Finish Jaypee Infra Projects

Business | Press Trust of India | Monday November 13, 2017

Jaiprakash Associates Ltd, part of the Jaypee group, also said that Jaypee Infratech Ltd has more assets than liabilities and it is a fit case for resolution.

Top Court Asks Jaiprakash Associates Directors To Furnish Personal Assets Details

Business | Press Trust of India | Monday November 13, 2017

Supreme Court directs non-institutional directors of Jaiprakash Associates Limited to appear before it in person next week.

Jaiprakash Associates Gets RBI Nod To Defer $150 Million Bond Payment by 3 Years

Business | Press Trust of India | Wednesday November 1, 2017

In a filing to the BSE, Jaiprakash Associates informed that the RBI has approved the proposed exchange offer on October 30

Crisis-Hit Jaiprakash Associates Gets Approval To Raise Rs 2,000 Crore

Business | Press Trust of India | Monday September 25, 2017

In a BSE filing, the company said the proposal was approved by the shareholders as over 85 per cent of votes were polled in favour.