Meanwhile, JAL, which has been asked by the Supreme Court to deposit Rs 2,000 crore for safeguarding the interest of home-buyers, has so far deposited only Rs 750 crore with the courts registry.Lakshadweep, a joint venture between Sudhir Valia-led Suraksha ARC and Dosti Realty, will look at improving its bid for Jaiprakash Infrastructure (JIL) if an opportunity is afforded to it, sources close to the development told FE. The firm has already conveyed its intent to the resolution professional and the lenders to the troubled real estate company, the sources added.
Lakshadweeps bid, which had emerged as the highest, was rejected by the committee of creditors (CoC) to JIL last week saying it was too low, triggering speculatio…
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