According to sources, the CoC has decided to consider Suraksha's bid as well, even though it was submitted after the official deadline of June 4
If the voters decide against giving more time to both the parties, then Suraksha group's offer would be put to vote next week
In a regulatory filing on Sunday, Anuj Jain informed shareholders that a meeting of the CoC is scheduled on May 24
Suraksha group It has offered to complete the pending around 20,000 housing units in 42 months
In a regulatory filing, Jaypee Infratech informed that a meeting of Committee of Creditors (CoC) will be held on April 29, 2021
This is the fourth round of the bidding process in the matter of Jaypee Infratech, which went into an insolvency process in August 2017
In March last year, the NBCC got approval from the National Company Law Tribunal (NCLT) to acquire Jaypee Infratech and complete around 20,000 pending