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Jaypee Greens Wishtown, Noida

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Jaypee Greens Wishtown, Noida

Last updated: 2 weeks ago
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  • 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 by Truenity; July 13 2017, 02:40 PM.

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    • 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 by raabta; 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 by Truenity; 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


        • Re : Jaypee Greens Wishtown, Noida

          All three were taken off because of remuneration issues. This was requested by the banks as one of the cost cutting measures.

          All three are relatives of the Gaur family and had no issues with that. However nothing much has changed from a decision making standpoint

          The Kalypso residents are meeting Rakesh Sharma in 2-3 days. He is Manoj Gaur and siblings uncle.

          Comment


          • Re : Jaypee Greens Wishtown, Noida

            Originally posted by Truenity View Post
            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.
            Cant you even read? They were not fired, they resigned.
            a cat not able to catch mice will scratch the pillar in frustration

            Comment

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