Real Estate

Supertech Insolvency: Lender Asks Better Settlement Plan, ‘Definite Upfront Payment’ Of Dues

Debt-ridden Supertech Ltd, which is facing insolvency proceedings, should come up with a settlement plan that entails “definite upfront payment” of dues, according to one of its lender Union Bank of India. The bank on whose application the National Company Law Tribunal (NCLT) decided to initiate insolvency resolution proceedings against Supertech Ltd has made the […]