Jaiprakash Associates defaults on Rs 2,897-crore payments to lenders - Moneycontrol


3/31/2022 12:00:00 AM3 years 1 month ago

According to sources, lenders may push for resolution through NCLT route at this stage.

Construction firm Jaiprakash Associates has defaulted on payments to lenders to the tune of Rs 2,897 crore on February 28. The company has Rs 1,544 crore of interest overdues and Rs 1,353 crore to le… [+2391 chars]

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