Jaiprakash Associates Limited — Others, 12-08-2025: Corporate Insolvency Resolution Process
12-08-2025 | 05:22 pm
12-08-2025 | 05:22 pm
Jaiprakash Associates' Committee of Creditors (CoC), currently undergoing Corporate Insolvency Resolution Process, has approved key resolutions through e-voting. The CoC ratified budgeted cash outflows for July 01 to September 30, 2025, ensuring business continuity as a 'going concern,' with 88.70% approval. They also approved fees for a tax consultant and a facility management consultant for real estate projects, both with 88.70% voting. Additionally, the CoC ratified a 10-day extension for site/location visits, securing 92.31% approval. These approvals are crucial for the company's operational management and progression through its insolvency resolution.
No comments yet. Be the first to comment!
