A five-member monitoring committee has been formed for the implementation of Suraksha Group's resolution plan to acquire debt-ridden Jaypee Infratech, as per the order of the insolvency tribunal NCLT. On March 7, the National Company Law Tribunal (NCLT) approved Suraksha group's bid to buy Jaypee Infratech Ltd, a development that came as a relief for more than 20,000 stuck homebuyers.