Big relief for 20,000 homebuyers: NCLT approves Jaypee Infratech takeover

In a big relief for over 20,000 homebuyers, the National Company Law Tribunal (NCLT) on Tuesday cleared the Mumbai-based Suraksha group's bid to buy Jaypee Infratech Ltd through the insolvency process.The development comes nearly six years after the debt-ridden company entered into the insolvency proceedings. https://ift.tt/i8xrKSM