IDBI Moves SC To Vacate The Stay Of Insolvency Proceeding Against Jaypee

Prabhati Nayak Mishra

5 Sept 2017 1:28 PM IST

  • IDBI Moves SC To Vacate The Stay Of Insolvency Proceeding Against Jaypee

    A day after the Apex Court stayed the insolvency proceeding against Jaypee Infratech before NCLT, the IDBI bank today moved the top court saying the stay order will benefit the builder rather than the home buyers. Mentioning urgently before the Bench headed by Chief Justice of India J Dipak Misra, Senior Advocate A M Singhvi sought the bench to vacate the stay order."The stay order on...

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