January 14, 2018
Supreme Court stays insolvency case against Jaypee Infratech
Source –┬аlivemint.com New Delhi/Mumbai:┬аThe Supreme Court on Monday stayed an order passed in August by the Allahabad bench of the National Company Law Tribunal (NCLT) which initiated insolvency proceedings against Jaypee Infratech Ltd. Legal experts said the apex courtтАЩs ruling could set a precedent in terms of how it balances the rights of lenders versus