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To get 18.9 crore shares which was pledged
Its net loss stood at Rs 400.72 crore in the year-ago period
Under the Competition Act, complaints filed under a certain section cannot be withdrawn
JAL's subsidiary Jaypee Infratech is already going through corporate insolvency resolution process
At 11:13 am, the stock was trading at Rs 9.55 on the BSE, down 5.45% from the previous close. A combined 48.1 million shares were traded on the counter so far, according to the exchange's data.
Jaiprakash Associates, which is the flagship company of the crisis-hit Jaypee group, is into construction, cement, real estate, hospitality and power businesses
Non-institutional directors asked to appear in person before court on Nov 22
The Jaypee group has been selling off its assets to lighten its debt load
Only 5,000 of the promised 35,000 flats have been delivered by the builder till date