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JaypeeInfratech creditors to meet on Jun 20 to decide future

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JaypeeInfratech's creditors, which include banks and home buyers, will meet on June 20 to assess the progress of the ongoing insolvency process and decide future course of action. The meeting has been called days after majority of banks voted against state-owned NBCC's bid to acquire the debt ridden realty firm. A meeting of Committee of Creditors (CoC) will be held on June 20, 2019, JaypeeInfratech's Interim Resolution Professional (IRP) Anuj Jain said in a regulatory filing.

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