Developer Supertech Declared Bankrupt, 25,000 Home Buyers May Be Impacted

Real estate developer Supertech was declared bankrupt by the National Company Law Tribunal (NCLT) on Friday in a move that could have an effect on 25,000 home buyers. The company law tribunal took the decision in response to a petition filed by the Union Bank of India (UBI) for non-payment of dues.

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#NCLT #Supertech #Bankruptcy