Thousands of home buyers had been left in the lurch after the Allahabad bench of the National Company Law Tribunal (NCLT) admitted IDBI's plea for initiating insolvency proceedings against Jaypee Infratech for defaulting on a Rs 526-crore loan. IDBI Bank, the leader of the consortium of lenders to the Jaypee Group company, had consented to the appointment of an interim resolution professional, following which the NCLT has appointed Anuj Jain the interim resolution professional to carry out the proceedings under the IBC.