NEW DELHI: By ordering roped in of a new developer to complete the Supertech Supernova project in Noida, which is currently insolvent, and removing the company’s former promoters, the insolvency resolution professional (IRP) and the committee of creditors (CoC), the Supreme Court has revived hopes among lakhs of homebuyers that other frozen housing projects can […]
NEW DELHI: The Supreme Court of India (SC) has directed developers involved in the Noida Sports City case to submit revised proposals to the Noida authority within two weeks, with the authority to take appropriate action within four weeks thereafter. The order came while hearing multiple special leave petitions (SLPs) relating to redevelopment, dues, occupancy […]
The Supreme Court on Wednesday asked the agency’s director to hold a meeting with SEBI, SFIO and ED to look into the matter.A bench of Justices Surya Kant, Ujjal Bhuyan and N Kotiswar Singh, which also called out the Ministry of Corporate Affairs (MCA) for the concurrence of multiple violations committed by IHFL, came down […]
New Delhi: The Supreme Court agreed on Tuesday to hear more than two dozen supplies to ask an assessment of the ruling of 16 May that the decision of the Center to grant retrospective allocations to projects that are contrary to environmental standards. The ruling of 16 May written by the former top judge Justice, […]