NCLT Asks Jaiprakash Associates To Return Jaypee Infra’s Land; Reverses Previous Transactions
A security guard walks towards residential buildings under construction at the Jaypee Wish Town Project (Photographer: Prashanth Vishwanathan/Bloomberg)

NCLT Asks Jaiprakash Associates To Return Jaypee Infra’s Land; Reverses Previous Transactions

The National Company Law Tribunal has asked Jaiprakash Associates Ltd. to return control of 759 acres of land to Jaypee Infratech Ltd, calling previous transactions “fraudulent, preferential and un...
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