SC directs Supertech to refund money to flat owners within 30 days, interest after 60 days of payment of principal amount

Apoorva Mandhani

17 Feb 2015 1:05 PM IST

  • SC directs Supertech to refund money to flat owners within 30 days, interest after 60 days of payment of principal amount

    Directing Real Estate Giant Supertech to refund money to flat owners within 30 days, a Supreme Court Bench headed by Chief Justice H.L. Dattu observed, "You cannot be holding back money of investors who do not want to be relocated in other projects ... Developers can't take investors for a ride. If they want refund of their investments, can we deny them this relief?”The Company was...

    Next Story