Day: November 6, 2023

real estate insolvency rules

Homebuyers may get possession of flats/plots during insolvency process of real estate firm

The Insolvency and Bankruptcy Board of India (IBBI) has proposed an array of changes to make corporate insolvency resolution process...

Jaiprakash Associates

Jaiprakash Associates defaults on payment of Rs 4,258 crore loan

Jaiprakash Associates Ltd (JAL), the flagship company of the crisis-hit Jaypee Group, has defaulted on loans amounting to Rs 4,258...