New Delhi, Oct. 17 -- The National Buildings Construction Corporation (NBCC) on Thursday submitted a revised proposal to complete the stalled projects of Jaypee Infratech. The proposal was later handed back to the NBCC counsel.
The homebuyers' counsel urged the top court to share a copy of the NBCC proposal with them.
Meanwhile, the Jaypee Group has moved the Supreme Court against the National Company Law Appellate Tribunal (NCLAT) order that barred its parent company Jaypee Associates from bidding for Jaypee Infratech (JIL). The realtor urged the SC hear its plea seeking to consider its own proposal on the project.
The top court said it will hear the Jaypee Group plea on October 22, and extended the status quo on its insolvency proceedi...