NCLT reserves order on Jaypee takeover
NOIDA, May 9 -- The National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order on a plea filed by the Yamuna Expressway Industrial Development Authority (Yeida) challenging the farmer compensation component in the resolution plan submitted by Mumbai based Suraksha Group to take over debt-ridden Jaypee Infratech Limited (JIL), which failed to deliver around 20,000 apartments to buyers....
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