Daily Archive: November 22, 2017

Supreme Court to Jaypee Infratech :, pay Rs 275 crore by year-end

New Delhi:In a stern message, the Supreme Court on Wednesday told the embattled Jaypee Associates not to alienate their personal properties. The top court also advised the developer to "behave like a good child" and pay back dues.​A sources says that Company has requested employees to give loan …which will be pad in installments.

After turning down the ear​
lie​r plea to deposit Rs 400 crore
the court provided a respite to the company and ordered it to deposit Rs 150 crore and Rs​

and Rs 125 crore by December 14 and December 31 respectively in two instalments. The bench also accepted a demand draft of Rs 275 crore by the real estate firm.