Jaypee Infratech’s creditors defer vote

Jaypee Infratech’s financial creditors on Monday deferred the voting process on Suraksha group’s offer to acquire the realty firm and will decide later this week whether bids of Suraksha group as well as NBCC should be considered again. Days after NBCC strongly objected to the Committee of Creditors (CoC) rejecting its offer and questioned jurisdiction of Interim Resolution Professional (IRP) Anuj Jain, the creditors held a meeting to discuss NBCC’s addendum to its existing offer. However, no specific reason was given by Jain for deferment of voting process.