Jaypee Infra lenders evaluate bids submitted by NBCC, Suraksha group

Lenders of Jaypee Infratech will negotiate with state-owned NBCC and Mumbai-based Suraksha group, which have submitted bids to take over the real estate company and complete stalled projects comprising over 20,000 housing units. NBCC and Suraksha group on Monday made presentations before the Committee of Creditors (CoC), which met to discuss the resolution plans submitted by these two companies in the ongoing insolvency process at Jaypee Infratech, sources said.