Jaypee Infratech goes bankrupt, 32,000 flat owners left in lurch | Oneindia News
by Oneindia
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Realty giant Jaypee Infratech has filed for bankruptcy. The Allahabad bench of the National Company Law Tribunal has classified the company as an insolvent company. The company has 270 days to turnaround its situation, failing which the company's assets would be liquidated.