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L&T Finance to sell Rs 4,762 crore of distressed assets

L&T Finance, a subsidiary of listed L&T Finance Holding, had invited offers from ARCs for a portfolio of ₹5,293 crore comprising 16 accounts. It invited offers from ARCs in a combination of security receipts (SR) and cash payment wherein 15% will be paid as upfront cash and the balance 85% as security receipts. It had set a reserve price of ₹2,080 crore. ....

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Delhi court takes cognisance of charge sheet against Supertech chairman, ET RealEstate

The judge summoned the co-accused Neha Talreja and the authorised representatives of accused companies Supertech Ltd, Sarv Realtors Pvt Ltd, ASP Sarin Realty Pvt Ltd, Palash Building Solutions Pvt Ltd, Goodtime Builders Pvt Ltd, Daamodar Buildengineers Pvt Ltd, Doonvalley Technopolis and R K Arora Family Trust for October 30. ....

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arora: Money laundering case: Delhi court takes cognisance of charge sheet against Supertech chairman

A Delhi court has taken cognizance of a charge sheet filed by the Enforcement Directorate against the chairman and promoter of real estate group Supertech in a money laundering case. The court said there was sufficient evidence against the accused and summoned the co-accused and authorized representatives of the accused companies for October 30. The ED had filed the charge sheet against Supertech Group and eight others in August, accusing them of defrauding homebuyers of Rs 164 crore. ....

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Court Takes Cognizance Of Probe Agency Chargesheet Against Supertech Chairman

Delhi's Patiala House Court on Tuesday took cognizance of the prosecution complaint (chargesheet) filed by the Enforcement Directorate (ED) against Supertech's chairman and Promoter R K Arora, in relation to a money laundering case. ....

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Delhi Court reserves order on ED's chargesheet against Supertech's RK Arora

The Patiala House Court in Delhi has reserved its order on the prosecution complaint filed by the Enforcement Directorate (ED) against Supertech s chairman R K Arora in a money laundering case. The court will pass the order on September 26, 2023. Arora was arrested in June and the ED has filed a chargesheet against him. ....

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