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DEBT RIDDEN SUPERTECH
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 NCLT to expedite call on Supertech oversight panelThe Supreme Court has directed the National Company Law Tribunal to quickly decide if a court-appointed committee is needed for Supertech's...
- 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...
- NBCC to move Supreme Court for RERA exemption to complete 11 cash-starved Supertech projectsState-owned NBCC will seek Supreme Court exemption from RERA registration for 11 of Supertech's 16 projects requiring fund infusion. The co...
- 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 ...
- India housing market declines in units, gains in value during 2025India's real estate market saw a sales volume drop in 2025. Developers are now looking to 2026 for a revival. Lower mortgage rates, strong ...
- India housing market declines in units, gains in value during 2025India's real estate market saw a sales volume drop in 2025. Developers are now looking to 2026 for a revival. Lower mortgage rates, strong ...
- 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...
- Over 5,000 homebuyers may benefit as Noida allows co-developers in stalled projectsThe Noida Authority has approved co-developers for five stalled projects, benefiting over 5,000 homebuyers, contingent on legal case withdr...
- Apex submits plan to revive 16 projects of SupertechApex Group has proposed to the Supreme Court to revive 16 stalled Supertech projects, potentially rescuing over 14,000 homebuyers. They com...
- SC stays NCLAT order directing NBCC to take over Supertech projectsThe Supreme Court has stayed the National Company Law Appellate Tribunal's order requiring NBCC to complete 16 Supertech projects. The deci...
- 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...
- 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...
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