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JP Pals defaults on Rs 4,059 cr loans

Jaypee Group’s flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount. In a regulatory filing, Jaiprakash Associates Ltd (JAL) said the company on December 31 defaulted on repayments of principal amount Rs 1,713 crore and interest of Rs 2,346 crore…

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JP Pals defaults on Rs 4,059 cr loans

Jaypee Neighborhood’s flagship company Jaiprakash Pals has defaulted on loans of Rs 4,059 crore, comprising each the important and past-time quantity. In a regulatory submitting, Jaiprakash Pals Ltd (JAL) said the firm on December 31 defaulted on repayments of important quantity Rs 1,713 crore and past-time of Rs 2,346 crore…
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