Homebuyers in Jaypee Infratech projects are required to fill up forms to register their claims for the corporate insolvency resolution process against the company by 31 August. Photo: Ramesh Pathania/Mint
New Delhi: The Supreme Court on Monday stayed an August order passed by the Allahabad bench of the National Company Law Tribunal (NCLT), which initiated insolvency proceedings against Jaypee Infratech Ltd.
Jaypee Infratech Ltd is a subsidiary of Jaiprakash Associates.
A bench headed by chief justice Dipak Misra was hearing a public interest litigation by a homebuyer and Delhi-based resident Chitra Sharma, seeking stay on the NCLT order. Homebuyers in Jaypee Infratech projects are required to fill up forms to register their claims for the c…
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