Real Estate
Supreme Court Restrains Supertech Realtors from Creating Third Party Rights in 'Supernova' Project
The Supreme Court has ordered Supertech Realtors and its suspended director to refrain from creating any third party rights in the 'Supernova' project in Noida. The project, a mixed-use real estate venture, is currently under scrutiny due to insolvency proceedings against Supertech Ltd.
Real Estate
Supreme Court Considers Hybrid Resolution Framework for Supertech's Stalled Supernova Project
The Supreme Court is considering a hybrid resolution framework, supervised by retired judges, to complete Supertech Realtors' Supernova project in Noida, drawing parallels with previous real estate insolvency cases.
Real Estate Maharashtra
NCLAT Upholds NCLT Order, Paves Way for Supertech Realtors' Insolvency Proceedings
The National Company Law Appellate Tribunal (NCLAT) has upheld the National Company Law Tribunal (NCLT) order, clearing the way for insolvency proceedings against Supertech Realtors, the developer of the Supernova project in Noida. The decision follows a petition filed by Bank of Maharashtra over a default claim.
Real Estate Maharashtra
Supertech Realtors Insolvency Case: NCLAT Delays Proceedings Pending Lenders' Decision
Supertech Realtors, NCLAT, insolvency, Supernova project, lenders, settlement offer, real estate, construction, Delhi-NCR, Bank of Maharashtra, Kotak Advisors
real estate news
Supertech Realtors Faces Bankruptcy: What's Next for Supernova Buyers?
The National Company Law Tribunal (NCLT) has initiated bankruptcy proceedings against Supertech Realtors, the developer of the Supernova project in Noida.
Real Estate Maharashtra
NCLT Orders Insolvency Proceedings Against Supertech Realtors' Supernova Project
Supertech Realtors, the developer of the prestigious Supernova project, has been ordered to undergo insolvency proceedings by the National Company Law Tribunal (NCLT) due to a default of Rs 168.04 crore.