Delhi court sends Supertech chairman RK Arora to judicial custody till July 24
The court had on June 28 remanded the realtor to ED custody till July 10 for interrogation in a money laundering case
Source: moneycontrol.com
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Apartments sales at 15-yr high in top seven cities during January-June: Survey
Sales of flats, costing above ₹1 crore, stood at 33,477 units in the corresponding period of the last calendar year.
Source: hindustantimes.com
Delhi court sends Supertech chairman R K Arora to judicial custody till Jul 24
A Delhi court on Monday sent R K Arora, the chairman and promoter of real estate major Supertech Group, to judicial custody till July 24 in a money laundering case. Special Judge Devender Kumar Jangala sent Arora to jail after he was produced before the court by the Enforcement Directorate on the
Source: dailypioneer.com
menezes: Most Future Enterprises lenders back Avil Menezes as resolution professional
The National Company Law Tribunal (NCLT) had appointed Jitender Kothari as the interim resolution professional (IRP) in February when FEL was admitted for corporate insolvency on a petition by Foresight Innovations, an operational creditor.
Source: indiatimes.com
Supertech case: Buyers ask if builder's arrest can help them get their homes
The builder had diverted funds collected from homebuyers and banks to shell companies instead of using them for the projects they were meant for, which still lie unfinished after almost a decade.
Source: moneycontrol.com