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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: April 27 2021
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  • Re : Jaypee Greens Wishtown, Noida

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    • Re : Jaypee Greens Wishtown, Noida

      Originally posted by Truenity View Post
      Let us not pass moral judgements and stay professional and objective.

      The fact that three directors have resigned in the recent few days is a fact and not a rumour or speculation. Saying that JP Wishtown will get completed at some point, on the other hand, is speculation.

      The ( former) directors of JP probably have more information about the company than anyone posting on this forum.

      Check where JIL IPO and compare it to the price today, keeping in mind that the index doubled.
      RBI counsel on IBC in Essar Steel case

      “The objective (to initiate Insolvency and Bankruptcy Code procedure) was aimed to recover maximum volume of outstanding in minimum amount of time. The procedure adopted to initiate IBC against the top 12 accounts was based on scientific and structured method. IBC is not for winding up a company but to help it avoid winding up with appointment of resolution professionals,” said Khambhatta.

      Let's hope n pray that more competent professionals are appointed in the board to take company higher in future.
      Don't let ugly in others kill the beauty in you.

      Comment


      • Re : Jaypee Greens Wishtown, Noida

        Jaypee has paid off the fixed deposit holders. I know this personally as my clients had FD of JAL worth 20 lakhs each. All paid regardless of the amount.
        While investors wait to get money out of fixed deposits of Unitech, Ansal, and many other companies, atleast jaypee honoured their commitment.
        All others have gone to NCLT and are just not paying up

        Comment


        • nitinitin
          nitinitin commented
          Editing a comment
          Me to also heard of being paid ~25 lakh delayed but paid.

      • Re : Jaypee Greens Wishtown, Noida

        Originally posted by firstimebuy
        Jaypee has paid off the fixed deposit holders. I know this personally as my clients had FD of JAL worth 20 lakhs each. All paid regardless of the amount.
        While investors wait to get money out of fixed deposits of Unitech, Ansal, and many other companies, atleast jaypee honoured their commitment.
        All others have gone to NCLT and are just not paying up
        When did his cheque clear ? See comments section at

        https://www.change.org/p/can-narendr...=petition_show

        Comment


        • IMeagleye
          IMeagleye commented
          Editing a comment
          U go n see comment... Ppl started receiveing cheques

      • Re : Jaypee Greens Wishtown, Noida

        I have to admit I was wrong in saying that three JIL directors had resigned in the last few days. Please accept my apologies for sharing inaccurate information.

        A fourth one had also resigned on July 11.

        Anyone with some intelligence can figure out where this is going.
        Last edited July 13 2017, 02:40 PM.

        Comment


        • Re : Jaypee Greens Wishtown, Noida

          Maybe they were let go due to non-performance....afterall they dint do this company any flavors.

          Comment


          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by ashishew
            Maybe they were let go due to non-performance....afterall they dint do this company any flavors.
            Hahahaha. You have no idea what you are talking about.

            These were not executive directors getting a salary from the company. These were members of the Board of Directors who were elected by the shareholders and to whom the CEO reports.

            Comment


            • Vbb128
              Vbb128 commented
              Editing a comment
              Well clearly you believe no one else knows anything except you, but has it dawned on you that the Dirs of a Public company will be held accountable for any lack of governance or non-compliance with laws during the period they were Dirs. A subsequent resignation would not absolve their actions if proven inappropriate. SO what is the point of your argument? Also if some existing Board members are resigning, then it is clear that new ones will be appointed as the Board needs a min quorum - I am you are aware of this !! Which is a great thing as new independent Dirs will ensure better governance over the Company’s strategy and operations. This improves the long term viability of the company and does not make it worse as you seem to suggest... !!!

          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by Truenity View Post
            Hahahaha. You have no idea what you are talking about.

            These were not executive directors getting a salary from the company. These were members of the Board of Directors who were elected by the shareholders and to whom the CEO reports.
            2 were wholetime directors. What are you insinuating? And these 2 became independent directors now.
            So in reality, 2 independent directors were let go. Nothing more.

            Here is the declaration: http://www.moneycontrol.com/stocks/r...e-7749401.html

            Last edited July 13 2017, 03:39 PM.
            a cat not able to catch mice will scratch the pillar in frustration

            Comment


            • IMeagleye
              IMeagleye commented
              Editing a comment
              Rekha Dixit has now executive director in her own realty company so resigned from Jil from whole time director. She continues to be non executive director.

          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by raabta

            2 were wholetime directors. What are you insinuating? And these 2 became independent directors now.
            So in reality, 2 independent directors were let go. Nothing more.

            Here is the declaration: http://www.moneycontrol.com/stocks/r...e-7749401.html
            At least read what you post before commenting. The link you have posted clearly states that those two will only continue as NON INDEPENDENT directors.

            Members of the board of directors, especially independent ones, cannot be let go. They can only be removed by a resolution of shareholders, but it is pointless to point that out to someone who just wants to troll and provoke.
            Last edited July 13 2017, 03:49 PM.

            Comment


            • IMeagleye
              IMeagleye commented
              Editing a comment
              Factually Wrong... They were non independent earlier also.Earlier executive - non independent to non executive - non independent now

              See her profile

              http://in.reuters.com/finance/stocks...icerId=1480511

              Have some readings abt company law before claiming to be an expert.

          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by Truenity View Post
            When did his cheque clear ? See comments section at

            https://www.change.org/p/can-narendr...=petition_show
            Facts : Cheque issued n being delivered to each n every FD holders...cheaue clearance time depends on depositing it. By Next week all will be cleared n paid.
            Don't let ugly in others kill the beauty in you.

            Comment

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