Hon’ble Supreme Court on Thursday upheld the order of the National Company Law Appellate
Tribunal (NCLAT) directing State-owned NBCC to expeditiously complete 16 stalled housing
projects of debt-ridden real estate developer Supertech Limited.
A Bench comprising Chief Justice Surya Kant and Justice Joymalya Bagchi affirmed the NCLAT’s
December 12, 2024 order, which had brought NBCC on record for completion of the projects in
the interest of homebuyers.
This is a great relief for homebuyers.
Pushkar Mer 