Jaypee fails to deposit â¹1,000 crore in SC by deadline
Jaypee Associates has failed to deposit â¹1,000 crore in the Supreme Court's registry by June 15. The court had said that liquidation proceedings against its subsidiary Jaypee Infratech shall remain stayed on submission of this amount. The company will now reportedly submit an appropriate plan before the SC to protect homebuyers' interest in case of liquidation proceedings against Jaypee Infratech.