SC Tells Jaypee Infratech (JIL) To Deposit Rs. 2,000 Cr, Directors Shall Not Leave India [Read The Modified Directions]

Today's Directions;a) The IRP shall forthwith take over the Management of JIL. The IRP shall formulate and submit an Interim Resolution Plan within 45 days before this Court. The Interim Resolution Plan shall make all necessary provisions to protect the interests of the home buyers; b) Mr.Shekhar Naphade, learned senior counsel along with Ms.Shubhangi Tuli, Advocate-on-Record, shall...