Kritti Bhalla28 Mar 2022, 12:43
Noida-based real-estate firm Supertech Limited was declared bankrupt by the National Company Law Tribunal (NCLT) on Friday, a move that has left 25,000 home buyers in quite a fix. These 25,000 home buyers are the ones who had booked homes with the Noida-based company several years ago. Even though it is quite difficult to estimate how the insolvency proceedings against Supertech would unfold, it is quite evident that the company’s customers will have to wait a bit longer to stay in their dream homes.