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2024

Jaypee Infra insolvency: Suraksha group to pay 1st instalment of Rs 133 cr to YEIDA before Aug 24

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Suraksha Group, now controlling debt-ridden Jaypee Infratech, will pay ₹133 crore to Yamuna Expressway Industrial Development Authority (YEIDA) within three months as part of a ₹1,334 crore compensation to farmers. This follows the NCLAT's recent ruling, which upheld Suraksha's bid and mandates payments over the next four years to resolve farmer claims and complete stalled housing projects.