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SUPERTECH NCLAT
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...
- 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 ...
- NCLAT clears way for insolvency proceedings against Supertech Realtors, upholds NCLT orderThe NCLAT has upheld the insolvency proceedings against Supertech Realtors, developer of the Supernova project, after a plea by Bank of Mah...
- NCLAT directs Supertech’s IRP to release salary of employeesThe National Company Law Appellate Tribunal (NCLAT) has mandated Supertech's interim resolution professional to release December salaries t...
- 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...
- Supreme Court allows NCLAT to consider NBCC proposal for 17 stalled projects of Supertech LtdThe Supreme Court permits the National Company Law Appellate Tribunal (NCLAT) to assess NBCC's proposal to complete Supertech Ltd's 17 stal...
- 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...
- 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...
- Supertech plans to raise Rs 1,600 cr by July to complete 18 ongoing housing projects in NCR: Chairman"This proposed interim funding will be utilised for construction. The collections from sold units and units to be sold will be used to clea...
- 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...
- 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 in talks to raise Rs 300 crore, resumes construction on delayed projectsNCLAT had earlier directed that the CoC be limited to just one project and that the other projects be constructed under the supervision of ...
- NCLAT limits Supertech’s insolvency to one projectThe proceedings against realty developer Supertech was initiated for default on payment of Rs 431 crore to a consortium of banks. The order...
- 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...
- 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...
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