Tuesday 28 November 2017

IBC ordinance may throw spanner in JSW's Jaypee deal

MUMBAI: JSW Group’s interest in acquiring a stake in Jaypee Associates to bid for Jaypee Infratech is likely to take a hit with the coming of the new ordinance that prohibits collaborations with defaulting promoters to bid for assets.

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via IBC ordinance may throw spanner in JSW's Jaypee deal

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