Jaypee Wish Town buyers protest liquidation bid
Over 500 homebuyers of Jaypee Wish Town braved the weather to stage a protest outside the gates of the builders’ sales and marketing office at Sector 128 on Sunday evening. The buyers gathered with banners and placards and protested against a liquidation bid which is expected to be implemented in case the Supreme Court doesn’t prolong the company’s insolvency resolution procedure. During the course of the protest, the buyers stated they neither support liquidation, nor insolvency resolution and all they want were their apartments. “After years of wait, we once again lost nine months for an insolvency resolution. We support no external parties and not even Jai Prakash Associates for further insolvency resolution. We want our apartments and the compensation due to us. The buyers cannot be concerned with the financial status of the company as we have all paid our dues. Any other resolution process will further delay the delivery procedure,” Pramod Kumar, a buyer participating in the protest said.
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