Big setback for Jaypee Infratech homebuyers; this is what banks have done

JAL, which has already deposited Rs 750 crore with the apex court registry, had told the bench headed by Chief Justice Dipak Misra that it was willing to deposit Rs 600 crore more to refund money to the home buyers if it was allowed to dispose of its identified assets, including a cement plant at Rewa in Madhya Pradesh.

Big setback for Jaypee Infratech homebuyers; this is
The hearing on the pleas of home buyers remained inconclusive and would continue on Wednesday. Image source: PTI

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