Bringing relief to thousands of homebuyers, the Supreme Court has upheld an NCLAT order directing NBCC to take over 16 ...

The NCLAT had directed NBCC, a PSU under the Union Ministry of Housing and Urban Affairs, to complete 16 projects comprising ...

A Bench of Chief Justice of India Surya Kant and Justice Joymalya Bagchi restrained all the tribunals and high courts from ...

To prevent further delays, the Court also restrained all tribunals and High Courts from issuing orders that could obstruct or slow down construction activity undertaken by NBCC in this case ...

It asked NBCC to complete the work expeditiously, as suggested by an expert committee put in place by the NCLAT.

The Supreme Court has tasked NBCC with completing 16 housing projects of Supertech Limited to aid homebuyers caught in a two-decade delay. Using Article 142, the court emphasized protecting homebuyers ...

The Supreme Court on Thursday upheld the order of the National Company Law Appellate Tribunal (NCLAT) directing State-owned ...

Supertech plans to settle Rs 900 crore dues using an escrow mechanism and seek registry for 2,000 flats in Ecovillage 1, 3, and Czar Suites under NCLT. RK Arora and IRP Hitesh Goel met officer Saumya ...

Real estate developer Supertech on Friday was declared bankrupt by the National Company Law Tribunal (NCLT). The debt of Supertech Ltd is around ₹1,200 crore, including nearly ₹150 crore loans from ...

The Supreme Court has upheld the NCLAT's directive for NBCC to take over and expedite the completion of 16 stalled housing ...