Deposit Rs 125 crore by 25 Jan or face jail: SC to Jaypee

By IND Today News Desk On Jan 10, 2018

SC Seeks Details Of Vacant Teacher Posts In Two Telugu States In Three Days

Supreme Court asked realty company Jaypee Associates Ltd (JAL) to deposit Rs 125 crore by January 25 in connection with a multi-crore debt case.

Failing the same, the JAL officials could face jail, the top court added.

The amount would make a part of Rs 2,000 crore, which the infrastructure company has to deposit with the top court’s registry in order to refund money of home buyers of Jaypee Infratech.

Jaypee Associates Ltd Supreme Court