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Supreme Court Sends Jaypee Infratech Back to NCLT - (10 Aug 2018)

Supreme Court has asked the Allahabad bench of the NCLT to deal with the insolvency proceedings against Jaypee Infratech, allowing a second round of bidding. Significantly, in a major setback to the Jaypee group, the Court barred parent firm Jaiprakash Associates Ltd as well as the group's promoters from participating in it.

Tags : SUPREME COURT   JAYPEE INFRATECH  

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