Supertech insolvency: NCLAT raises concern over  delay in appointing IRP, slippage on deadline

NEW DELHI, Sept 20:  Appellate Insolvency Tribunal NCLAT has raised concerns over construction major NBCC’s delay in meeting deadlines set for resumption of work at Supertech Ltd’s stalled housing projects. Besides, a three-member bench has also pulled up the authorities over the delay in appointing an interim resolution professional (IRP) for the realty firm, which…

Supertech insolvency: NCLAT raises concern over delay in appointing IRP, slippage on deadline

Appellate Insolvency Tribunal NCLAT has raised concerns over construction major NBCC’s delay in meeting deadlines set for resumption of work at Supertech Ltd.’s stalled housing projects. Besides, a three-member bench has also pulled up the authorities over the delay in appointing an interim resolution professional (IRP) for the realty firm, which is currently going through…