New Delhi:The Supreme Court on Friday ordered a status quo for two weeks on Jaypee Group's plea against the National Company Law Tribunal (NCLAT) order which allowed fresh bidding for debt-laden Jaypee Infratech.A bench of justices AM Khanwilkar and Dinesh Maheshwari ordered status quo after the apex court was informed that Parliament had passed the proposed amendments in the Insolvency and Bankruptcy Code."We have not seen the amendment, let it come and we will see," the bench said.On July 30, the NCLAT had allowed fresh bidding for the cash-strapped Jaypee Infratech but barred its promoter Jaypee Group from participating in the auction.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India.
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
Music
Trailers
DailyVideos
India
Pakistan
Afghanistan
Bangladesh
Srilanka
Nepal
Thailand
Iraq
Iran
Russia
Brazil
StockMarket
Business
CryptoCurrency
Technology
Startup
Trending Videos
Coupons
Football
Search
Download App in Playstore
Download App
Best Collections