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After relief orders, Supertech resumes construction on projects to meet target delivery

Days after relief orders from National Company Law Appellate Tribunal (NCLAT), limiting the scope of insolvency to one project only, Supertech Limited has resumed construction in full swing on all its projects with the aim of meeting the targets of delivery under their 'Mission Completion' program to allottees.
Supertech Ltd Mission Completion National Company Law Appellate Tribunal Supertech Limited Mission Completion Noida News

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Latest News | Supertech Plans to Raise Around Rs 300 Cr to Expedite Construction at Its Ongoing Projects

Get latest articles and stories on Latest News at LatestLY. Realty firm Supertech Ltd on Wednesday said it plans to raise about Rs 300 crore to expedite construction activities at its ongoing projects across the Delhi-NCR market. Latest News | Supertech Plans to Raise Around Rs 300 Cr to Expedite Construction at Its Ongoing Projects.
New Delhi Supertech Ltd On Committee Of Creditors Co National Company Law Appellate Tribunal Union Bank Supertech Ltd

Supertech insolvency limited to one project only; big relief for 11,000 home buyers

The National Company Law Appellate Tribunal (NCLAT) in its interim order today stated that the Committee of Creditors (COC) will be limited to only Eco Village project of the company, with the condition that construction will be carried out by Supertech Limited.
Jaypee Infratech Supertech Group Supertech Ltd Corporate Debtor Company Supertech Ltd National Company Law Appellate Tribunal Union Bank

Supertech Insolvency Case: Lender asks to deposit Rs 75 cr as upfront payment for considering one-time settlement - Jammu Kashmir Latest News | Tourism

NEW DELHI, May 18:ย  Realty firm Supertech’s financial creditor Union Bank of India has asked the insolvency-bound company to deposit Rs 75 crore as upfront cash for considering one-time settlement (OTS) of dues. During the proceedings of the insolvency appellate tribunal NCLAT, counsel representing Supertech informed that the realty firm had several rounds of discussions with Union Bank of India. The realty firm had offered to make an upfront payment of Rs 10 crore with 10 crore on accept...
Uttar Pradesh Piyush Singh Justice Ashok Bhushan Hitesh Goyal Ram Kishor Arora Learned Counsel For The Bank

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