India, April 11 -- Frustrated over prolonged delays and alleged non-compliance with the approved resolution plan, homebuyers of Jaypee Infratech Limited (JIL) staged a protest against the Suraksha Group on Thursday, accusing the realty firm of failing to resume construction work even a year after the National Company Law Tribunal (NCLT) cleared its resolution plan.
Led by the JIL Real Estate Allottees Welfare Society (JREAWS), the homebuyers gathered near Jaypee Public School around 11am and marched to the Suraksha Group office in Sector 128, holding banners and shouting slogans demanding action and resumption of stalled projects. The protest ended after the Suraksha management assured buyers of monthly updates and resumption of work.
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