The Supreme Court recently released approximately 759 acres of Jaypee Infratech Limited’s (JIL) land in Uttar Pradesh, mortgaged with several banks and financial institutions as security for loans extended to JIL’s parent company Jaiprakash Associates Limited (JAL). The judgement could provide respite to homebuyers, inasmuch as the land can now be used to raise finance for completing JIL’s housing projects.
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Anjali specialises in commercial arbitrations, litigation and complex corporate insolvencies. She handles a wide variety of matters before the Supreme Court of India, various High Courts, the National Company Law Tribunal (NCLT), the National Company Law Appellate Tribunal and arbitral tribunals.