{"id":417014,"date":"2021-05-27T09:20:54","date_gmt":"2021-05-27T03:50:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417014"},"modified":"2021-05-27T10:07:48","modified_gmt":"2021-05-27T04:37:48","slug":"nbcc-says-its-offer-for-jaypee-infratech-legally-compliant","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nbcc-says-its-offer-for-jaypee-infratech-legally-compliant\/","title":{"rendered":"NBCC says its offer for Jaypee Infratech &#8216;legally compliant&#8217;"},"content":{"rendered":"<p>NEW DELHI : State-owned NBCC, whose bid was rejected by creditors of Jaypee Infratech, on Wednesday asserted that its offer was &#8220;legally compliant&#8221; though the company will try to address the objections raised by the interim resolution professional if allowed to submit a fresh bid.<\/p>\n<p>At its meeting held on May 24, the Committee of Creditors (CoC) deferred the voting on Suraksha Group&#8217;s bid. It also decided to conduct a voting process on May 27-28 to decide whether the two contenders &#8212; NBCC and Suraksha &#8212; should be given additional time to submit their revised and final bids. <\/p>\n<p>In a letter to Anuj Jain, the Interim Resolution Professional (IRP) for Jaypee Infratech Ltd (JIL), NBCC said it has responded to his letters on non-compliance issues related to its offer to dissenting financial creditors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : State-owned NBCC, whose bid was rejected by creditors of Jaypee Infratech, on Wednesday asserted that its offer was &#8220;legally compliant&#8221; though the company will try to address the objections raised by the interim resolution professional if allowed to submit a fresh bid. At its meeting held on May 24, the Committee of Creditors (CoC) deferred the voting on Suraksha Group&#8217;s bid. It also decided to conduct a voting process on May 27-28 to decide whether the two contenders &#8212; NBCC and Suraksha &#8212; should be given additional time to submit their revised and final bids. In a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,189],"tags":[],"class_list":["post-417014","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-roads-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=417014"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417014\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}