State-owned NBCC Ltd is likely to take the responsibility of selling Rs 1,750-crore worth of unsold flats of Jaypee Infratech instead of offering them to lenders in its fresh bid to acquire the debt-laden realty firm through the insolvency process, sources said.

This was one of the reasons for lenders voting out the NBCC’s resolution plan in June this year.

NBCC and Suraksha Realty are likely to submit their revised offers on Sunday as sought by interim resolution professional (IRP) Anuj Jain.

A meeting of the committee of creditors (CoC) has been convened on November 18 to discuss the resolution plans.

Earlier, NBCC had offered 2,207 unsold flats worth Rs 1,756 crore to lenders, but bankers were reluctant to acquire these apartments.

NBCC had revised this offer to flats worth Rs 1,300 crore, still bankers were not convinced.

Jain, the IRP, has sought revised bids from NBCC and Suraksha Realty and called the CoC meeting according to the direction of the apex court.

On November 6, the Supreme Court had directed the completion of Jaypee Infratech’s insolvency process within 90 days and said the revised resolution plan will be invited only from the NBCC and Suraksha Realty.