Insolvency

NBCC, four other Companies submitted EoI to Purchase Jaypee Infratech

NBCC i.e. National Building Construction company which is a state-owned firm and four other companies including Kotak Investment, L&T Infrastructure, Singapore-based Cube Highways and Suraksha group have submitted Express of Interest [EoI] to buy the insolvent Jaypee Infratech. This debt-ridden company is currently dealing with bankruptcy procedure in National Company Law Tribunal [NCLT]. In October, […]

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