Searched for
SUPERTECH INSOLVENCY
NCLAT sets aside NCLT insolvency order against Embassy DevelopmentsEmbassy Developments has won a significant legal battle. The National Company Law Appellate Tribunal has cancelled an earlier order that pl...- SC asks NCLAT to take decision on 14 housing projects of debt-ridden SupertechThe Supreme Court has directed the NCLAT to quickly decide on merging Supertech's remaining 14 housing projects. This move aims to ensure p...
- IBBI panel suggests project-wise insolvency resolution for real estate sectorA panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...
- Ametek co Brickboss gets NCLT nod to buy Supertech ORB with ₹421-cr revival planThe bankruptcy court has approved Brickboss Infra's acquisition of Supertech ORB Project. The buyer has also proposed a revival plan worth ...
- SC restrains Supertech Realtors from creating third party rights in 'Supernova' projectThe Supreme Court has barred Supertech Realtors and its suspended director from creating third-party rights in the 'Supernova' project in N...
- SC mulls panel to oversee co-developer for Supertech Realtors projectsThe Supreme Court is considering forming a committee to oversee the bidding and selection of a co-developer for Supertech Realtors' stalled...
- Bankruptcy-bound Supertech gives possession of 6k flats in last 3 years; 15k buyers still stuckDespite facing insolvency proceedings, Supertech Ltd has delivered 6,121 apartments across 16 projects in the last three years. The company...
- SC ropes in ex-IB chief Rajiv Jain to examine Supertech insolvency case amid fund diversion allegationsThe Supreme Court is seeking assistance from Rajiv Jain to investigate Supertech Realtors' insolvency, following allegations of fund siphon...
- Supertech Township Projects lender rejects settlement proposal, NCLAT to decide on insolvencyPunjab & Sind Bank has rejected the settlement proposal from debt-ridden Supertech Township Projects. NCLAT will decide the insolvency case...
- NCLAT grants Supertech Township projects two weeks to submit settlement proposalThe Insolvency Appellate Tribunal NCLAT has given Supertech Township Projects two more weeks to circulate a settlement proposal to its lend...
- NBCC seeks Supreme Court nod to complete 17 stalled Supertech projects, offering hope to 27,000 homebuyersThe government-owned NBCC has sought the permission of the Supreme Court to develop and complete 17 projects that have been stalled or are ...
- NBCC moves SC to complete stalled projects of realty major Supertech LtdThe state-owned NBCC has approached the Supreme Court to complete Supertech Limited's 17 stalled projects, affecting around 27,000 homebuye...
- NBCC eyes Supertech's troubled projects amid legal and financial turmoilNBCC has informed IRP and lender Union Bank of India that it is ready to take all the projects of Supertech, provided it is given complete ...
- Supernova insolvency case: NCLAT to wait for lenders' decision on settlement offer from Supertech RealtorsInsolvency appellate tribunal NCLAT on Wednesday said it will wait for the decision of lenders on a revised settlement offer by Supertech R...
- NCLT orders insolvency proceeding against Supernova project developer Supertech RealtorsNCLT orders insolvency proceedings against Supertech Realtors for defaulting Rs 168.04 crore to Bank of Maharashtra in the Supernova projec...
- SC refuses to interfere with NCLAT order allowing Supertech's promoters to complete projectsThe court was hearing two appeals filed by the Union Bank of India and Indiabulls Asset Reconstruction Company Ltd respectively, being the ...
- The Supertech Conundrum: twin towers coming down will not ensure flats for 25,000 waitingIndiabulls Housing Finance declared Supertech’s account as NPA back in 2018. In October 2021, Dinanath Dubhashi, the managing director and ...
- Supertech puts on sale 2 hotels, 2 shopping malls to raise Rs 1,000 cr for completing projectsAccording to property consultant Anarock, homebuyers who booked flats in housing projects in the Noida-Greater Noida property market are wo...
- Supertech Insolvency Case: Lender asks to deposit Rs 75 cr as upfront payment for considering one-time settlementThe realty firm had offered to make an upfront payment of Rs 10 crore with 10 crore on acceptance of OTS, however, the public sector lender...
- Supertech Insolvency: Lender asks better settlement plan, 'definite upfront payment' of duesThe bank on whose application the National Company Law Tribunal (NCLT) decided to initiate insolvency resolution proceedings against Supert...
Load More
