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Supreme Court directs NCLT to decide on court-appointed committee for Supertech's 30 stalled projects
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Law·4/20/2026AI summary

Supreme Court directs NCLT to decide on court-appointed committee for Supertech's 30 stalled projects

The Supreme Court has directed the National Company Law Tribunal to expedite its decision on whether a court-appointed committee is necessary to oversee Supertech's 30 stalled projects. This follows the suspension of the firm's interim resolution professional over misconduct allegations. The tribunal will determine if the oversight panel should cover all projects or only the 16 projects taken up by state-run NBCC. Homebuyers have expressed concerns about project completion timelines.

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