Shares of Jaiprakash Power Ventures (JP Power) rose 11.75% to Rs 22.63 on Thursday, continuing the sharp 15% gain from the previous day as investor sentiment improved following a major breakthrough in Jaypee Group’s insolvency proceedings. Over the last two trading sessions, JP Power shares are up nearly 30%.The rally comes after Gautam Adani-led Adani […]
Real estate agent and client sign contract to buy a house, insurance or real estate loan. Rent a house, get insurance or borrow real estate or real estate. istock photo for BL | Photo credit: Phanphen Kaewwannarat Homebuyers may no longer have to run from pillar to post to strengthen their claims as lenders initiate […]
The principal bench of the National Company Law Appellate Tribunal (NCLAT), Delhi, has restrained Raheja Developers from creating third party rights by selling units or land. “It is clarified that now that the insolvency has commenced, we have no doubt that the management of the corporate debtor will not create any third party rights over […]