Supertech puts 2 hotels, 2 shopping malls on sale to raise Rs 1,000 crore
Supertech Ltd plans to sell its four commercial assets at Meerut and Haridwar for an estimated Rs 1,000 crore.
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Supertech Ltd plans to sell its four commercial assets at Meerut and Haridwar for an estimated Rs 1,000 crore.
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.
Supreme Court was informed by amicus curiae Gaurav Agarwal that the company does not have sufficient amount in account to make the refund to home buyers of the to be razed twin towers in the Emerald Court project.
The NCLT acted on a petition filed by the Union Bank of India for non-payment of dues and appointed Hitesh Goyal as the interim resolution professional superseding the board of Supertech.
Meanwhile, Supertech, in a statement, said that it will challenge the NCLT order in the National Company Law Appellate Tribunal (NCLAT).