News
Supertech ordered to pay Rs 40 lakh by end of month
The Delhi High Court on October 4 asked realtor Supertech to pay Rs 40 lakh by the end of October to a homebuyer on whose complaint the national consumer panel had handed the company’s Managing Director a jail term.
The direction came after the court was informed during the hearing that the total amount due to the homebuyer was around Rs 1.79 crore, out of which Rs 50 lakh has been paid following the court’s order on September 24.
Since the principal amount involved in the consumer dispute was Rs 1.07 crore, the High Court asked the realtor to first clear this, following which the builder would place the payment plan before it.
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