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NCLAT Condemns Jaypee Lenders for ‘Back door’ Talks With Adani - (03 Jul 2019)


National Company Law Appellate Tribunal (NCLAT) has called out lenders of Jaypee Infratech for engaging in “backdoor negotiations” with the Adani group on the resolution of the debt-laden real estate company after the committee of creditors rejected a revised resolution plan proposed by government-owned NBCC.


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