Mumbai: Fortis Healthcare, Apollo Hospitals, Medanta and Max Healthcare are among half-a-dozen companies that have shown preliminary interest in acquiring Jaypee Healthcare, the last of the Jaiprakash Group’s priced assets to be admitted into bankruptcy.
On Friday, the Allahabad bench of the National Company Law Tribunal (NCLT) gave an oral order to admit Jaypee Healthcare for corporate insolvency and resolution process on a petition filed by JC Flowers Asset Reconstruction Company.
A written order is yet to be uploaded by the tribunal on its website.
Manoj Gaur-promoted Jaiprakash Associates was admitted for corporate insolvency process this month, while a Suraksha Realty-led consortium has already taken control of Gaur’s other company, …
Read the full article at: https://m.economictimes.com/industry/healthcare/biotech/healthcare/jaypee-healthcare-admitted-for-corporate-insolvency-process/articleshow/111043079.cms
