Suraksha Group has assumed control of Jaypee Infratech, offering hope to over 20,000 homebuyers. Following a favourable ruling by the National Company Law Appellate Tribunal (NCLAT), Suraksha will inject Rs 125 crore into the debt-laden firm and commence stalled housing projects across Delhi-NCR. The takeover, validated by the NCLAT on May 24, mandates an additional payment of Rs 1,334 crore as farmers’ compensation. Key appointments include Sudhir V Valia as Non-Executive Director and Aalok Champak Dave as Managing Director. Suraksha aims to expedite construction and honour payments to stakeholders, signaling a positive turn for Jaypee Infratech’s resolution.