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    <title>SC restrains Supertech Realtors from creating third party rights in &#039;Supernova&#039; project</title>
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    <description>The court restrained the promoter and associates from alienating or creating third party rights in the Supernova project, impleaded the local authority, and directed the suspended director to cooperate with the interim resolution professional by providing full records (including soft copies to the IRP and amicus). The IRP was authorized to complete statutory requirements with notice to the amicus. The amicus proposed a court monitored hybrid resolution, displacement of promoter control, appointment of a new board and project management consultant, and a forensic audit to secure completion for homebuyers.</description>
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    <pubDate>Wed, 17 Sep 2025 18:46:03 +0530</pubDate>
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