This week in Personal Finance: Jaypee insolvency rattles homebuyers – Moneycontrol.com
Moneycontrol News The big development over the week has been on the real estate front. In a move that would worry homebuyers, one of the large developers, Jaypee Infratech was declared insolvent by the National Company Law Tribunal (NCLT), causing ripples. Being declared insolvent means the developer would be able to avoid the stringent provision…