Home Economy Supertech Township Projects lender rejects settlement proposal, NCLAT to decide on insolvency
Supertech Township Projects lender rejects settlement proposal, NCLAT to decide on insolvency
Punjab & Sind Bank has rejected the settlement proposal from debt-ridden Supertech Township Projects. NCLAT will decide the insolvency case, with proceedings set for January 23. The insolvency process began following a default of Rs 216.92 crore, and homebuyers remain divided on the issue.
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