In new twist, NBCC back in Jaypee fray

In a last-minute twist, the committee of creditors of Jaypee Infratech on Monday decided to seek a vote from homebuyers and creditors to decide if both applicants in the fray for the insolvency resolution – the state-run NBCC and Sudhir Valia’s Suraksha Group – should be given more time to submit revised offers.

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