SC stays insolvency proceedings against Jaypee Infratech before NCLT

Ramadurai Chandrasekaran , Last updated: 09 September 2017  
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Facts of the Case: IDBI Bank had moved National Company Law Tribunal (NCLT) for insolvency proceedings against Jaypee Infratech for default of a loan of about Rs 526 crore.IDBI Bank is a Financial Creditor through the loans amounting to Rs 526 crores issued to the corporate debtor (Jaypee Infrate

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Ramadurai Chandrasekaran
(CA Job)
Category Corporate Law   Report

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