NEW DELHI : Financial creditors of debt-ridden Jaypee Infratech will meet on April 29 to discuss the resolution plans submitted by state-owned NBCC and Suraksha group to acquire the realty firm through an insolvency process.
In a regulatory filing, Jaypee Infratech informed that a meeting of Committee of Creditors (CoC) will be held on April 29, 2021.
The agenda of the meeting was not disclosed, but sources said the financial creditors, which includes banks and home buyers, will continue their negotiations with the two resolution applicants.
In the last meeting of the CoC held on April 17, lenders asked NBCC and Suraksha group to improve their bid and offer more land parcels under the land-debt swap deal.
