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SUPERTECH HOMEBUYERS
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...
Supreme Court seeks timeline for CBI probe into NCR housing projectsThe Supreme Court has issued a decisive order for the CBI to outline a clear timeline for its investigation into numerous real estate devel...
Big win for thousands of Supertech homebuyers as SC upholds NCLAT orderThe Supreme Court has upheld an NCLAT order directing NBCC to expedite the completion of 16 Supertech housing projects, bringing relief to ...
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 homebuyers seek CJI, PM intervention to let NBCC complete projectsHomebuyers of 16 stalled Supertech projects have appealed to the Chief Justice of India and Prime Minister Modi, urging them to assign the ...
SC orders CBI probe after report claims fraud on homebuyers via 'builders-banks nexus'The Supreme Court, observing a nexus between banks and developers like Supertech, has directed the CBI to investigate builders in NCR and o...
Supertech homebuyers staring at uncertain futureMore than 25,000 homebuyers face delays as the Supreme Court stays an order appointing state-owned NBCC to complete stalled Supertech proje...
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...
NCLT directs IRP to respond to 26,000 homebuyers of SupertechThe National Company Law Tribunal has directed the interim resolution professional to respond to applications filed by representatives of o...
ED searches realty major DLF in money laundering case against SupertechThe money laundering case, filed under the criminal sections of the Prevention of Money Laundering Act (PMLA), stems from as many as 26 FIR...
Supertech to raise over Rs 1,200 cr for the completion of stuck projectsRealty developer Supertech will raise Rs 12,00-1,600 crore from OakTree financial to complete the stuck projects, Mohit Arora, Managing Dir...
Delhi High Court rejects Supertech homebuyers' plea to halt EMIsJustice Purushaindra Kumar Kaurav refused to entertain the more than 200 petitions filed by homebuyers, including the Supertech Urban Home ...
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 ...
NCLAT stays formation of committee of creditors to overtake Supertech groupOn the appeal filed by R K Arora, chairman of Supertech Group, NCLAT has issued notice to parties. The IRP appointed by the NCLT will not f...
Real estate developer Supertech declared insolvent by NCLTThe company which was under stress and was in the process of demolishing two illegal towers at its Noida project following the order of the...
Supertech hasn't 'handed over' 200 flats, no OC obtained: HomebuyersConfronted with the homebuyers' rejoinder, a Supertech spokesperson said on Tuesday that keys were handed over to 20 buyers. It alleged tha...
Sink or die, investors need to be paid back: SC to SupertechThe SC said that the firm has to clear the arrears to the home buyers in four weeks, and asked Supertech to furnish a chart of payments mad...