Supreme Court strongly reprimanded the directors of Supertech company, said return the investors' money or else they will send you to jail, read the whole matter


Posted on 13th Jan 2022 02:56 pm by rohit kumar

The Supreme Court on Wednesday, during the hearing of Supertech's Twin Towers case in Noida, slammed the company and threatened to send the directors to jail for not complying with the order. The court said that the company should return the money to the home buyers by Monday as per the order. Attempts are being made to ignore the order of the court on one pretext or the other. If this happens, there will be consequences.

 

The court asked the Noida Authority to file the additional documents and affidavit and give the latest status of the demolition of the 40-story twin towers. The hearing will take place again on Monday. Several buyers have filed contempt petitions in the Supreme Court accusing Supertech of not returning the money and paying less. On Wednesday, the matter came up for hearing before a bench of Justices DY Chandrachud and AS Bopanna. On coming to the hearing, the court told the lawyer of Supertech what is happening. We will send your directors to jail.

 

Did you know?Explore Trending and Topic pages for more stories like this.

Lawyers for the buyers said they were first called to collect the money, then told that the money would be given in installments. They are not being given money as per the order of the court. To this, Justice Chandrachud said, we see that you are trying to ignore the order of the court. The court said orally, you return the money by Monday, otherwise, there will be dire consequences.

 

In the case of the demolition of the twin towers, the lawyer of Noida Authority told the court that Supertech had earlier mentioned an agency. The authority sent it to the Central Building Research Institute for approval. After this Supertech has sent the proposal of another agency, hence there is a delay in compliance. Supertech's lawyer said that the Noida Authority can get the demolition work done by either of the agencies. On this, the court, while directing the Noida Authority, ordered the matter to be put up for hearing on January 17.

1 Like 0 Dislike
Previous news Next news
Other news

Supreme Court: 'Supreme' challenge given to some provisions of Places of Worship Special Provisions Act; CJI's bench will hear today

The Supreme Court will hear on Thursday a batch of PILs challenging the validity of certain provi

Who is Mira Murati, who got the responsibility of CEO of Open AI, and played a special role in creating ChatGPT; What is the relationship with India?

ChatGPT maker Open AI has dismissed its CEO Sam Altman. The company has raised questions about hi

PM Modi spoke to the rescue workers who returned from Turkey, and said - India's identity as a self-reliant and selfless country

Personnel of the National Disaster Response Force, who arrived to assist in rescue operations fol

Major plane accident averted at Italy airport: Main landing gear tire detached from the plane as soon as it took off; Safe landing of America

Atlas Air's Dreamlifter, the main landing gear tire of a Boeing 747 aircraft detached from the ai

IND vs PAK: 'Pakistan Army Chief and PCB Chairman should open...', Imran Khan taunts Munir-Naqvi after India's defeat

Following two consecutive defeats to India in the 2025 Asia Cup in Dubai, Pakistan's former Prime

Gujarat Titans announced the replacement of Kane Williamson, this Sri Lankan player will play for the first time in IPL 2023

Gujarat Titans have announced the replacement of Kane Williamson who has been ruled out of IPL 20

SRH vs GT Pitch Report: Batting or bowling? What will be beneficial after winning the toss, is knowing the nature of the Hyderabad pitch

The 66th match of IPL 2024 is to be held between Sunrisers Hyderabad and Gujarat Titans

NITI Aayog: CEO Amitabh Kant emphasized natural farming, said – this is the need of the hour

Emphasizing natural farming, NITI Aayog Chief Executive Officer (CEO) Amitabh Kant on Monday said

Eid-ul-Adha 2023: When will Bakrid be celebrated in India? Know-History and Religious Significance

Eid-ul-Adha 2023: Bakrid festival has special significance in the religion of Islam. Bakrid is ce

Kanpur: Conspiracy to spoil the atmosphere between PM Modi's visit, fierce abuse, and assault on two sides, the heavy force deployed

In the Pantnagar locality of Bilhaur town of Kanpur, there was a lot of abuse between the two sid

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash