The long road ahead for Supertech’s homebuyers - Moneycontrol

The law states that a homebuyer can only approach NCLT if the developer is an entity under the Companies Act. If the developer is a sole proprietorship, partnership firm or an individual, homebuyers do not have a remedy in NCLT as of now.

Supertech Limited, an NCR-based developer, has been on the receiving end of severe flak from courts of India, due to various non compliances. A bench of the NCLT, Delhi recently admitted a petition … [+6122 chars]

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