 "Suraksha group")
Suraksha Group, which has acquired Jaypee Infratech Ltd (JIL) through insolvency process, has identified 2,552 acre of land parcels. Image: X Suraksha.co.in
Suraksha Group, which has acquired Jaypee Infratech Ltd (JIL) through insolvency process, has identified 2,552 acre of land parcels for lenders of the bankrupt realty firm in accordance with the resolution plan.
On June 4, Suraksha Group took control of JIL following the National Company Law Appellate Tribunal’s (NCLAT) decision on May 24, upholding its bid to acquire JIL and constituted a new board.
According to sources, Suraksha Group has earmarked 2,372 acre of land for assenting lenders and 180 acre, separately,…
