NCLAT allows fresh bids for Jaypee Infra, grants 90-day extension
  • WebDesk BTVI
  • Jul 30 2019

The NCLAT has granted a 90-day extension to the Jaypee resolution process. In an important hearing, it also allowed fresh bids for the company. The judgement assumes significance as Adani Group, which had earlier expressed interest in Jaypee, gets another chance to put in a revised bid.