Jaypee insolvency case: Creditors’ panel approves Suraksha Group’s offer; rejects NBCC bid

New Delhi: Creditors’ panel of bankrupt-Jaypee Infratech on Thursday decided to start the voting process on Suraksha group’s offer from next week and rejected the plan proposed by state-owned NBCC, according to sources. The sources said NBCC’s bid was found to be non-compliant with certain provisions of the insolvency law. On Wednesday, construction firm NBCC […]