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Supreme Court directed Supertech to return money to homebuyers by January 17 for flats facing demolition in its Emerald Court project or face jail.
The Supertech Group has informed the New Okhla Industrial Development Authority (NOIDA) that it would require more than the stipulated three months time to demolish its two multi-storey illegal towers in the city, sources said on Friday.
The Noida Industrial Development Authority (NOIDA) has filed a complaint with the Uttar Pradesh vigilance department for lodging an FIR against the people involved in the illegal construction of Supertech's twin-tower.
A bench of Justices D Y Chandrachud and B V Nagarathna said that there is no substance in the application filed by Supertech Ltd and hence it is dismissed.
A special investigation team (SIT) probing the matter has found 26 officials of the NOIDA guilty in the case of which 20 have retired, two have died and four are still serving, the statement read.