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NCLAT Designates NBCC as PMC to Complete 16 Supertech Projects

December 13, 2024

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) in New Delhi has designated NBCC (India) as the Project Management Consultant (PMC) for the completion of 16 Supertech projects. These projects encompass approximately 49,748 housing units spread across Uttar Pradesh, Uttarakhand, Haryana, and Karnataka. The estimated construction cost for completing these projects stands at approximately […]

NCLAT Designates NBCC as PMC to Complete 16 Supertech Projectsmore
Supreme court

Supreme Court cancels the registration of Amrapali and nominates NBCC for project completion.

July 29, 2019

By Abhay Shah, Realty Quarter On Tuesday, the Supreme Court told the state to take hard measures against erroneous developers, cancel their lease deeds on illegal situations, and maintains the delivery of projects within a time frame and gave an instance of Major Amrapali’s distressed real estate for siphoning off thousands of hard-earned house owners money. The […]

Supreme Court cancels the registration of Amrapali and nominates NBCC for project completion.more
Jaypee Infratech

Jaypee lenders Infratech begin negotiating the NBCC bid under an order from the NCLAT.

May 25, 2019

By Abhay Harish Shah, Realty Quarter State-owned NBCC, Jaypee Infratech’s debt-laden offers, are unlikely to dilute certain terms, including exemption from tax liability, yet are ready to negotiate a proposed unsold apartment, sources said. The lenders of Jaypee Infratech began negotiating the latter’s offer to acquire the property firm with NBCC. The National Company Law […]

Jaypee lenders Infratech begin negotiating the NBCC bid under an order from the NCLAT.more


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