Tag: #Supertech Group

SC rejects request to initiate insolvency proceedings for the whole Supertech group.

May 12, 2023

NEW DELHI: The Supreme Court ordered on Thursday in its interim order that only one of Real estate giant Supertech’s projects—Eco Village 2 in Greater Noida West—would be dealt with under the Insolvency and Bankruptcy Code (IBC), noting that doing so would “cause immense hardship” and “uncertainty” to homebuyers. A bench of Justices Dinesh Maheshwari […]

SC rejects request to initiate insolvency proceedings for the whole Supertech group.more