Supreme Court Upholds the Constitutionality of Life Sentences Without Remission Until Natural Death  ||  Supreme Court: Service Benefits Can't be Refused Due to Missing ACRs Not Attributable to Employees  ||  Supreme Court: Courts May Grant Lesser Relief under Order VII Rule 7 CPC, But Not a Different Claim  ||  Supreme Court Dismisses Lokpal's Plea Against Delhi HC Order Quashing Probe into Defence Secretary  ||  SC Grants Bail to Two UAPA Accused, Citing 12-Year Incarceration and Violation of Article 21  ||  Madras High Court: Seeking Divorce over Wife's Accidental Hip Injury is Inhumane  ||  Kerala High Court Directs Stronger Audit and Financial Oversight in Guruvayur Devaswom  ||  Madras High Court Directs State and Judiciary to Expedite Rape and POCSO Trials  ||  Karnataka HC Upholds RTO's Power to Cancel Registration Secured by False Documents  ||  Karnataka HC: Bengaluru-Mysuru Corridor Could be Biggest Scam, Farmers Deprived of Land    

NCLT: Rs. 750 Cr. Paid by JAL for Obligation of JIL Should be Treated As Asset of Corporate Debtor - (06 Mar 2020)

COMPANY

National Company Law Tribunal has observed that Rs. 750 Crore deposited by Jaypee Infratech’s (JIL) parent firm Jaiprakash Associates (JAL) with the Supreme Court registry was a payment towards the obligation of Jaypee and should be treated as the asset of the corporate debtor.

Tags : NATIONAL COMPANY LAW TRIBUNAL   JAYPEE INFRATECH  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved