<h1>Monitored committee proposed to oversee co-developer appointment, private settlement declined, IRP actions stayed to protect homebuyers' interests</h1> The Supreme Court considered forming a court-monitored committee to oversee bidding and appointment of a co-developer to complete a stalled mixed-use project by a developer subsidiary facing insolvency, declining to approve a private settlement with a proposed contractor. The bench stayed further action by the interim resolution professional and directed stakeholder consultations via a notice, invited suggestions to the amicus curiae, and required the developer to publish the order online. The court criticized a bank for opposing co-developer appointment, emphasized protecting homebuyers' interests, and listed the matter for further hearing.