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Supreme Court orders NCLT to speed decision on Supertech stalled projects panel
India
Published on 24 April 2026
NCLT must decide if an oversight committee is needed
The Supreme Court has asked the National Company Law Tribunal to quickly decide whether a court-appointed oversight committee is required for Supertech’s 30 stalled projects. The direction follows the suspension of the interim resolution professional, raising worries among homebuyers about timelines and project completion. NCLT will examine whether such a committee should cover all projects or only those handled by NBCC.
- SC tells NCLT to expedite a key oversight decision for Supertech
- Move follows suspension of Supertech’s interim resolution professional
- NCLT will decide scope: all stalled projects or only NBCC-linked ones
- Homebuyers fear delays amid the stalled construction situation
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times