In a boost for public sector construction company NBCC's bid for Jaypee Infratech, the Supreme Court has ruled that 858 acres belonging to the bankruptcy-hit company was wrongfully mortgaged by its parent Jaiprakash Associates (JAL) and said it was a "preferential" transaction.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/32zSQIC
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