{"id":56975,"date":"2019-08-02T18:33:06","date_gmt":"2019-08-02T13:03:06","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=56975"},"modified":"2019-08-02T18:33:06","modified_gmt":"2019-08-02T13:03:06","slug":"supreme-court-orders-statu-quo-for-2-weeks-on-jaypee-group-plea-against-nclat-order","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/supreme-court-orders-statu-quo-for-2-weeks-on-jaypee-group-plea-against-nclat-order","title":{"rendered":"Supreme Court orders statu quo for 2 weeks on Jaypee Group plea against NCLAT order"},"content":{"rendered":"<p>The Supreme Court on Friday ordered status quo for two weeks on Jaypee Group&#8217;s plea against NCLAT order which allowed fresh bidding for debt-laden Jaypee Infratech.<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/download-32.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"275\" height=\"183\" data-attachment-id=\"56976\" data-permalink=\"https:\/\/www.legalindia.com\/news\/supreme-court-orders-statu-quo-for-2-weeks-on-jaypee-group-plea-against-nclat-order\/download-32\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/download-32.jpg?fit=275%2C183&amp;ssl=1\" data-orig-size=\"275,183\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"download (32)\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/download-32.jpg?fit=275%2C183&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/download-32.jpg?fit=275%2C183&amp;ssl=1\" class=\"alignleft size-full wp-image-56976\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/download-32.jpg?resize=275%2C183&#038;ssl=1\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/download-32.jpg?w=275&amp;ssl=1 275w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/download-32.jpg?resize=150%2C100&amp;ssl=1 150w\" sizes=\"auto, (max-width: 275px) 100vw, 275px\" \/><\/a><\/p>\n<p>A bench of justices A M 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.<\/p>\n<p>&#8220;We have not seen the amendment, let it come and we will see,&#8221; the bench said.<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Friday ordered status quo for two weeks on Jaypee Group&#8217;s plea against NCLAT order which allowed fresh bidding for debt-laden Jaypee Infratech. A bench of justices A M Khanwilkar and Dinesh Maheshwari ordered status quo after the apex court was informed that Parliament had passed the proposed amendments in the Insolvency [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56976,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[20124],"tags":[45205,45207,45206],"class_list":["post-56975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-court-judiciary-legal-system","tag-nclat-order","tag-statu-quo-for-2-weeks","tag-supreme-court-orders"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Supreme Court orders statu quo for 2 weeks on Jaypee Group plea against NCLAT order - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"The Supreme Court on Friday ordered status quo for two weeks on Jaypee Group&#039;s plea against NCLAT order which allowed fresh bidding for debt-laden Jaypee - Get the latest legal news from the Supreme Court, High Courts, and government. 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