Nbcc

NBCC Shares Surge On Heavy Volumes

Business | Edited By Abhishek Vasudev | Sunday August 16, 2020

Shares of National Buildings Construction Corporation (NBCC) rose as much as 6.32 per cent to hit an intraday high of Rs 27.75 on the BSE.

Supreme Court Directs NBCC To Complete Home Projects In Noida, Greater Noida

Business | ANI | Monday December 2, 2019

The Supreme Court on Monday directed National Buildings Construction Corporation (NBCC) Ltd. to commence and complete the work of eight projects involving 11, 258 home units in Noida and Greater Noida.

NBCC Fined Rs 5 Lakh Over Dust Emission At Delhi Construction Site

Delhi News | Press Trust of India | Saturday September 28, 2019

The Delhi Pollution Control Committee (DPCC) on Saturday imposed a fine of Rs 5 lakh on the government-run National Buildings Construction Corporation (NBCC) for "negligence" in checking dust emission at the site of an under-construction World Health Organisation building.

Top Court Seeks NBCC Response On Completing Stalled Jaypee Group Projects

Business | Press Trust of India | Tuesday September 3, 2019

The bench said it will first look what NBCC has to offer and only then it may look into Jaypee group''s fresh proposal.

Amrapali Case: Supreme Court Orders Disbursement Of Rs 7 Crore To NBCC - 10 Points

Business | Reported by A Vaidyanathan, Edited by Sandeep Singh (with inputs from agencies) | Monday August 26, 2019

The Supreme Court on Monday directed disbursement of Rs 7.16 crore to state-run National Buildings Construction Corporation (NBCC) to complete two stalled projects of the embattled real estate group Amrapali, which has been accused of fraud. The sum was earlier deposited by the Amrapali group with the top court's registry. The two projects are in N...

Special Cell To Deal With Cases Of Amrapali Homebuyers Supreme Court Told

Business | Indo-Asian News Service | Tuesday August 13, 2019

On July 23, the top court cancelled the real estate company Amrapali Group's RERA's licence and appointed NBCC to complete all pending projects.

Amrapali Diverted Homebuyers' Money To Firm Linked To MS Dhoni: Auditors

Business | Press Trust of India | Thursday July 25, 2019

The forensic audit report said that Amrapali Sapphire Developers Pvt Ltd had paid Rs 6.52 crore to RSMPL during 2009-2015.

Top Court Orders Action Against Amrapali, Provides Relief To Homebuyers: 10 Points

Business | NDTV Profit Team | Tuesday July 23, 2019

All unfinished housing projects of real estate group Amrapali, which has been accused of fraud, will be taken over by state-run National Buildings Construction Corporation (NBCC), the Supreme Court said in a landmark judgement on Tuesday. The verdict brings big relief for more than 42,000 homebuyers who had sought possession of flats booked in Amra...

Jaypee Infratech Case: Tribunal To Hear All Parties On NBCC Bid On July 17

Business | Indo-Asian News Service | Tuesday July 2, 2019

The decision comes as a ray of hope for Jaypee Infratech's distressed home buyers, who want NBCC to take over the bankrupt company and its assets

NBCC "No More Interested" In Jaypee Infratech Acquisition: Report

Business | Indo-Asian News Service | Sunday June 30, 2019

Change in guard at NBCC has also impacted its approach towards the bankrupt Jaypee Infratech, people in the know of things said

Banks Can Vote Against NBCC's Jaypee Infratech Bid: Tribunal

Business | Indo-Asian News Service | Monday June 10, 2019

IDBI Bank, the lead banker to JIL had approached NCLAT seeking permission to vote against public sector construction major's bid

Jaypee Infratech Creditors To Vote On NBCC's Revised Bid: Report

Business | Press Trust of India | Tuesday May 14, 2019

The voting process would start on Thursday and end on Sunday, sources said, adding that the results would be declared on May 20

Jaypee Infratech Resolution Faces Stalemate Over NBCC Bid Conditions

Business | Indo-Asian News Service | Sunday May 12, 2019

Lenders of JIL asked NBCC in its meeting on Friday to withdraw some of its clauses, including that of exemption from a tax liability

Tribunal Asks Lenders To Consider NBCC Bid For Jaypee Infratech

Business | Indo-Asian News Service | Monday May 6, 2019

The bench adjourned hearing the matter till May 21 and said that the corporate insolvency resolution process (CIRP) would continue

Jaypee Infratech Buyout Race Picks Up With Adani Group, NBCC Bids

Business | Indo-Asian News Service | Sunday April 21, 2019

The realty firm has an outstanding debt of nearly Rs 9,800 crore and over 22,000 of its flats in Noida remain incomplete