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The National Company Law Tribunal (NCLT) on Friday ordered insolvency proceedings against real estate developer Supertech Ltd, which has a debt burden of around Rs 1,200 crore.
More than 25,000 homebuyers are awaiting for possession of flats built by Supertech, , supertech, real estate, real estate developer
Under the Insolvency and Bankruptcy Code (IBC), the NCLT has appointed Hitesh Goel as the insolvency resolution professional (IRP). Supertech Declared Bankrupt by NCLT, Fate of Over 25,000 Homebuyers’ Lays Hanging.
Supertech to deliver 7,000 delayed flats in 2021 as UP RERA imposed penalty SECTIONS Share Synopsis “We will clear the backlog this year and will update RERA every month about the status. In January, the company has given delivery of 305 Units of which, 72 units are in Noida, 147 are in Greater Noida, 12 in Yamuna Expressway and the remaining in other locations,” said RK Arora, chairman of Supertech group. On Wednesday, UPRERA reviewed the status of compliance of its orders issued in complaints related to Supertech Projects. NEW DELHI: Realty developer Supertech said that it will deliver ...
Pull forces together. possibly make the right political moves. if those moves aren't made. it doesn't matter how many forces you put on the ground. it's not going to make a difference. we had 160,000 there for almost ten years. without the constant pull on the politicians to do the right things, we won't get the kind of mission completion that looking for. >> general zinni. when you look -- and i know perhapses you think the u.s. maybe should have been in iraq longer than it was. what do you think things would look like now if there were troops and they'd stayed longer? >> yrngs i was there in...