Jaypee Infra insolvency: Suraksha Group to infuse Rs 250 crore, arrange Rs 3,000 crore loan to complete 20,000 flats Jaypee Infra insolvency: Suraksha Group to infuse Rs 250 crore, arrange Rs 3,000 crore loan to complete 20,000 flats
National Company Law Tribunal (NCLT), Principal Bench New Delhi approved the resolution plan of Suraksha Realty Ltd and Lakshdeep Investments and Finance Pvt Ltd to takeover JIL. A monitoring committee will be set up by Interim Resolution Professional (IRP) in seven days, and it will take all necessary steps for expeditious implementation of the resolution plan.