The resolution professional (RP) Ashish Chawcharia requested three weeks time to float the EoI.
Shares of Jaypee Infratech were trading 9.26 per cent higher at Rs 1.77 apiece on the BSE.
Homebuyers can approach banks for loan revival, advised the Governmant.
The NCLT accepted the petition filed by Mumbai-based CloudWalker Streaming Technologies, an LED TV supplier to Flipkart.
The banks should be looking at other options for recovering loans before invoking the IBC, said Corp Affairs Secy Injeti Srinivas.
In recent times, the ministry has initiated stringent action against various entities, including auditors, in the IL&FS scam, among others.
The bank has recovered about Rs 800 crore in the first quarter, said Syndicate Bank MD Mrutyunjay Mahapatra.
Further, an order from the National Company Law Tribunal (NCLT) has been received recently approving the scheme, he added.
The debt-laden company became went into bankruptcy on June 20.
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