The National Company Law Tribunal (NCLT) has declared Noida-headquartered realty major Supertech Ltd as insolvent while admitting a plea filed by the Union Bank of India over non-payment of its dues. The NCLT order is likely to hit over 25,000 homebuyers who have booked their homes with the company for over several years.
Supertech News: NCLT declares real estate developer Supertech insolvent, 25K home buyers likely to be affected – The Economic Times Video | ET Now Mirror Now | 26 Mar 2022, 03:10 PM IST The National Company Law Tribunal (NCLT) has declared Noida-headquartered realty major Supertech Ltd as insolvent while admitting a plea filed by the Union Bank of India over non-payment of its dues. The NCLT order is likely to hit over 25,000 homebuyers who have booked their homes with the company for over several years. To see your saved stories, click on link hightlighted in bold