How to apply for the jaypee claim
15-Aug-2023 (In Property Law)
What documents are required to submit claim for flat bought in jaypee kosmos
The NCLT will appoint an insolvency professional for the company to see if any debt reconstruction and is given 180 days to finalize a resolution, the main aim is to revival of the company by debt restructuring and if the creditor agree to an agreement of debt restructuring process the company is revived. However the board of directors are suspended for a period of 180 days. All the court cases of recovery of debt also remains suspended and vest with NCLT.
If the resolution fails then company goes for liquidation.
Home buyers should apply in the prescribe format Form F and give details of their investment they will be treated as unsecured creditors.
If the resolution fails then company goes for liquidation.
Home buyers should apply in the prescribe format Form F and give details of their investment they will be treated as unsecured creditors.
hi the claim can be filed in nclt at allahabad .you will be needing the receipts of money deposited,any response or correspondence from company .
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