The NCLT acted on a petition filed by the Union Bank of India for non-payment of dues and appointed Hitesh Goyal as the interim resolution professional superseding the board of Supertech.
The National Company Law Tribunal (NCLT) on Friday initiated insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group.
Supertech declared bankrupt, over 25,000 homebuyers in a limbo - NCLT on Friday initiated insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group.
The non-payment of around Rs 432 crore in dues led to India's bankruptcy court ordering insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group, documents showed on Friday.