Jaypee Infratech Declared Bankrupt, Thousands Of Dreams Shattered

  • India
  • 13:30
  • 2017-8-13
  • 2017-8-13
  • 1503303323
NewsX.tv 124328 Videos

A good number of people, who invested their life savings for a dream home, were left in the lurch when builder Jaypee Infratech was declared bankrupt. The National Company Law Tribunal has admitted the plea of public lender IDBI Bank relating to default of Rs 526 crore loan by Jaypee Infratech and appointed an interim resolution professional for it. But the ones to suffer are the home buyers, who have invested their savings and hard earned money. Over 35 thousand home buyers feel that no one cares about their plight and that everyone has been cheated.

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