Happy Holi: Relief For 20,000 Homebuyers, Takeover Plan For Jaypee Infra Cleared

The National Company Law Tribunal (NCLT) on Tuesday approved the Mumbai-based Suraksha group's bid to buy Jaypee Infratech Ltd, a development that comes as a relief for more than 20,000 homebuyers nearly six years after the debt-ridden company entered into the insolvency process. The people who have been paying EMIs for 13 years now are hopeful of getting their flats in 6 months.

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