Nbcc (India) Ltd vs The State Of West Bengal on 10 January, 2025
Supreme Court of India Nbcc (India) Ltd vs The State Of West Bengal on 10 January, 2025 Author: Pamidighantam Sri Narasimha Bench: Pankaj Mithal, Pamidighantam Sri Narasimha REPORTABLE 2025 INSC 54 IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 3705 OF 2024 NBCC (INDIA) LTD. …APPELLANT(S) VERSUS THE STATE OF WEST […]
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 […]
SC allows NCLAT to consider NBCC proposal for 17 stalled projects of Supertech Ltd, ET LegalWorld
The Supreme Court on Tuesday allowed the National Company Law Appellate Tribunal (NCLAT) to examine and decide a proposal of the state-owned NBCC seeking to complete embattled realty major Supertech Limited’s 17 stalled projects where around 27,000 hassled home buyers are stuck for years. A bench of Justices Sanjiv Khanna and Sanjay Kumar which issued […]
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 […]
Supreme Court clears way for NBCC to generate Rs 15,000 crore from Amrapali projects, ET LegalWorld
The Supreme Court has cleared the way for state-run NBCC to generate an additional Rs 15,000 crore from Amrapali projects by developing additional flats in the project. The fund will also be used to deliver homes to 16,000 existing homebuyers, whose construction was stuck due to lack of fund. NBCC will pay Rs 484.92 crore […]