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Global Business News

The Economic Times

Global Business / The Economic Times

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NARCL retains guarantees of Jaypee ex-promoters to boost recovery of dues

NARCL has already filed applications linked to both the corporate guarantee of Jaiprakash Power Ventures and personal guarantees of chairman Manoj Gaur and vice-chairman Sunil Kumar Sharma, and is exploring legal remedies to maximise recoveries from residual assets and obligations tied to Jaypee Group entities, they said.

26 May 2026 1:03 am