38.6c New Delhi, India, Thursday, August 07, 2025
Top Stories Supreme Court
Political NEWS Legislative Corner Celebstreet International Videos
Subscribe Contact Us
close
Judiciary

End of Supertech Dispute: SC Orders Payment To Homebuyers By 28 Feb

By LawStreet News Network      04 February, 2022 12:34 PM      0 Comments
Supreme Court Supertech Dispute Homebuyers

Supreme Court puts an end to the dispute with respect to the settlement between home buyers and Supertech. Court accepts the report of Amicus Curiae Gaurav Agarwal in the following terms.

1) Payments due to the home buyers should be paid by developers before 28th Feb 2022.

2) In those cases where home loans are outstanding; the developers shall clear loans by 31st March. 

3) In the case of homebuyers who have received payments, terms should not be disturbed.

The matter pertaining to demolition will be taken up on Monday (7th February 2022).

Background: 

On October 2, 2021, the Supreme Court denied Supertech's application to save one of the two 40-story towers in its Emerald Court project in Noida, which had been ordered to be demolished due to grave violations. 

On August 31, a Supreme Court bench led by Justice Dhananjaya Y Chandrachud issued an order to demolish the towers in Noida's Sector 93A. The top court stated in its order that it was the result of nefarious complicity between Noida Authority and the real estate developer. 

Supertech later petitioned the Supreme Court to halt the demolition, claiming that it has an alternative plan that could save several crores of rupees and be beneficial to the environment.                       

The Uttar Pradesh government formed a special investigation team (SIT) two days after the Supreme Court issued the demolition order, which found 26 Noida Authority officials guilty in the case. Twenty of them have retired, two have died, and four are still serving. 

The state government suspended three officials on Sunday, according to a SIT report. It also ordered that a FIR be filed with the state vigilance commission against these officials, Supertech Limited's four directors and two architects. 

Residents of the housing project filed a lawsuit alleging that their consent was not obtained for the twin towers, which were being built in violation of regulations. 

The Allahabad High Court ordered the twin towers' demolition in 2014, which the Supreme Court upheld this year.



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

sc-approves-tamil-nadus-with-you-stalin-scheme-slaps-rs-10-lakh-cost-on-aiadmk-mp
Trending Judiciary
SC approves Tamil Nadu's 'With You Stalin' scheme; slaps Rs 10 lakh cost on AIADMK MP

SC upholds Tamil Nadu’s ‘With You Stalin’ scheme, slams AIADMK MP with ₹10L fine for misuse of law to target DMK amid similar schemes nationwide.

06 August, 2025 03:12 PM
sc-asks-ec-to-file-response-to-plea-seeking-reasons-for-excluding-65-lakh-voters-in-bihars-sir
Trending Judiciary
SC asks EC to file response to plea seeking reasons for excluding 65 lakh voters in Bihar's SIR

SC seeks EC’s reply on plea alleging exclusion of 65 lakh voters in Bihar during electoral roll revision; hearing set for August 12.

06 August, 2025 03:16 PM

TOP STORIES

sc-to-first-consider-maintainability-of-review-against-2022-judgment-on-eds-powers-under-pmla
Trending Judiciary
SC to first consider maintainability of review against 2022 judgment on ED's powers under PMLA

SC to first decide if review pleas on ED powers under PMLA are maintainable; hearing on Karti Chidambaram’s plea set for August 6.

01 August, 2025 10:58 AM
sc-recalls-may-2-judgment-scrapping-jsw-steels-resolution-plan-for-bhushan-power-and-steel-ltd
Trending Business
SC recalls May 2 judgment scrapping JSW Steel's resolution plan for Bhushan Power and Steel Ltd

SC recalls its May 2 verdict cancelling JSW Steel’s ₹19,300 Cr resolution plan for Bhushan Power; matter to be heard afresh on August 7.

01 August, 2025 11:13 AM
electronic-communication-not-valid-mode-of-service-of-notice-under-section-35-bnss-sc
Trending Judiciary
Electronic communication not valid mode of service of notice under Section 35 BNSS: SC [Read Order]

SC holds WhatsApp or email not valid for notice under Section 35 BNSS due to arrest risk; personal service required to safeguard liberty.

01 August, 2025 11:25 AM
sc-quashes-criminal-case-against-actor-mohan-babu-son
Trending CelebStreet
SC quashes criminal case against Actor Mohan Babu, son for dharna during 2019 General Elections [Read Judgment]

SC quashes case against Mohan Babu, son for 2019 dharna; says it was peaceful protest, no offence made out under electoral or criminal laws.

01 August, 2025 02:18 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email