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Why Lenders To Jaypee Infratech Rejected The Highest Bid On The Table

Source : 148   On   14 May 2018
Home   >   All Articles  >   Why Lenders To Jaypee Infratech Rejected The Highest Bid On The Table
 
 
 
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Lenders to Jaypee Infratech Ltd. rejected a resolution plan submitted by Lakshdeep Investments & Finance Pvt Ltd., the stressed real estate firm said in a stock exchange notification today. The plan submitted by Lakshdeep Investments was the highest bid on the table and the only resolution plan submitted by a party other than Jaypee Infratech’s erstwhile promoters.