Supertech realty projects: Supreme court stays NCLAT’s order, invites alternatives from stakeholders – The Times of India

Supertech realty projects: Supreme court stays NCLAT’s order, invites alternatives from stakeholders – The Times of India

NEW DELHI: The Supreme Court stayed the appointment of state-owned NBCC as the project management consultant for completing 16 stalled housing projects of debt-ridden real estate firm Supertech Ltd, which are valued at approximately Rs 9,500 crore.A bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan heard two appeals challenging…

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