Jaypee Infratech’s lenders choose Suraksha over NBCC as winning bidder

By Beena Parmar

  • 23 Jun 2021
Premium
Credit: Reuters

Real estate major Suraksha Group has defeated state-owned NBCC (India) Ltd by a narrow margin in the vote held by lenders of bankrupt township developer Jaypee Infratech to decide the winning resolution applicant, two people confirmed to VCCircle.  This comes after VCCircle reported last month that, after the fourth bidding round, ......

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