Jaypee Infra insolvency: Creditors to consider bids of Suraksha, NBCC on Thursday

NEW DELHI: Jaypee Infratech’s financial creditors on Monday decided to consider the bids of both state-owned NBCC NSE -0.50 % and Suraksha group to acquire the embattled realty firm in its next meeting scheduled on June 10.

Just before the start of the meeting of the Committee of Creditors (CoC) on Monday, Suraksha group submitted its revised bid, offering more funds to banks while reducing the timeline to complete some stalled projects for benefit of homebuyers.