SC asks Jaypee to deposit Rs 275 crore by December 31; freezes assets of 13 Jaypee directors, promoters – Business Today
Trouble seems to be brewing for debt-ridden Jaiprakash Associates Limited as the Supreme Court on Wednesday ordered the company to payback all dues to homebuyers and warned its directors and promoters from alienating their properties as well as the assets of their family members. The real estate firm, however, deposited a demand draft of Rs…