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Government Considers Jaypee Assets Sale To Complete Ongoing Housing Projects: Report
Jaypee Infratech defaulted on Rs 526 crore loan to IDBI Bank Company's biggest incomplete project is Wish Town project in Noida Bankruptcy proceedings initiated against 12 big corporate loan defaulters
15 Aug 2017, 08:10 AM IST 
Jaypee Infratech is a part of the debt-ridden Jaypee group
New Delhi: The government is exploring if it was legally tenable to sell other assets of debt-ridden Jaypee Infratech to raise money to complete pending housing projects of the company, a top finance ministry official said today. Hundreds of home buyers had been left in lurch after the National Company Law Tribunal (NCLT) admitted bankers' plea for initiating insolvency proceedings against the realty company for defaulting on a Rs 52...
