NCLAT appoints NBCC as PMC to complete 16 Supertech projects worth ₹9,445 cr, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has appointed NBCC (India) Limited as Project Management Consultant for the completion of 16 projects of Supertech Ltd. NBCC will Complete 16 projects with 49,748 nos. of houses in Uttar Pradesh, Uttarakhand, Haryana, and Karnakata. The tentative construction cost of the project is approx Rs. 9,445 crore including […]
NCLAT appoints NBCC as consultant to complete Supertech’s 16 housing projects at Rs 9,445 cr cost, ET LegalWorld
State-owned NBCC has been appointed as a project management consultant to complete Supertech Ltd’s 16 real estate projects at a cost of nearly Rs 9,500 crore, a move that will provide relief to thousands of homebuyers. In a regulatory filing on Thursday, the company informed that the National Company Law Appellate Tribunal (NCLAT), vide its […]
No complete embargo on granting anticipatory bail to proclaimed offender: SC, ET LegalWorld
The Supreme Court has held that there does not exist a complete embargo on considering the anticipatory bail plea of an accused who has been declared a proclaimed offender. A bench of Justices M.M. Sundresh and Aravind Kumar said that in the event of the declaration under Section 82 of the Cr.P.C., it is not […]
NBCC moves SC to complete stalled projects of realty major Supertech Ltd, ET LegalWorld
The state-owned NBCC on Tuesday moved the Supreme Court seeking to develop and complete embattled realty major Supertech Limited’s 17 stalled or partially built projects where around 27,000 hassled home buyers are stuck for years. These 17 projects were launched in the National Capital Region, Dehradun and Bengaluru but completion of the residential units was […]
Delhi government imposes complete firecracker ban until January 1 to combat air pollution, ET LegalWorld
The Delhi government has announced a complete ban on all types of firecrackers until January 1, 2024, in an effort to curb air pollution. This ban includes the production, sale, and use of all firecrackers, including green ones, in the capital. The announcement came from Gopal Rai, the state environment minister, who highlighted that air […]