JPASSOCIATJPASSOCIATDeterioratingCriticalmateriality 100 out of 100
Corporate Insolvency Resolution Process - Post-facto Intimation of 11th Meeting of CoC
Distress · insolvency
What happened
FactThe e-voting for the insolvency resolution process of JPASSOCIAT took place from 29th March to 4th April 2025. The CoC approved the resolution to authorize the Resolution Professional to invite bids for investments in Jaiprakash Power Ventures Limited and Jaypee Fertilizers and Industries Limited, achieving 88.96% voting in favor, surpassing the required 51%.