Jaiprakash Associates Ltd (JAL), which is the flagship firm of Jaypee Group, on Monday (June 9), said it has extended the deadline for submission of resolution plans under its ongoing corporate insolvency process by 15 days, pushing the date from June 9 to June 24, 2025.
“…consequent upon requests received from several PRAs for extension of the current deadline of 9th June 2025 for submission of resolution plans, the members of the Committee of Creditors of the Corporate Debtor have approved with the requisite majority the extension of time for submission of Resolution Plans till 24th June, 2025,” Jaiprakash Associates said in a regulatory filing.
The move follows requests from several prospective resolution applicants (PRAs) seeking…
