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The Times of India

National

PTI

Supertech's Twin Tower: Homebuyers' interest will be protected, says SC, directs to file claims

SuperTech Supertech Ltd NCLT Gaurav Agarwal Noida Emerald Court IRP New Delhi

NEW DELHI: The Supreme Court on Monday said it will protect the interest of home buyers of 40 storey twin-towers of Emerald Court project of real estate developer Supertech Ltd, which has been now declared bankrupt by NCLT and directed them to file by April 15 their claims for refund of payments.

Realty firm Supertech Ltd informed the top court that it will be filing an appeal against the order of the National Company Law Tribunal (NCLT) declaring it bankrupt on a plea filed by the Union Bank of India for non-payment of around Rs 432 crore worth of dues.

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