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Supreme Court slams Supertech for non-payment to home buyers

A bench headed by Justice DY Chandrachud told Supertech to keep their office in order and to make the payment to home buyers by January 17. It said that no amount should be deducted while giving back the money

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Supreme Court. File Pic

Supreme Court. File Pic

The Supreme Court has slammed the real estate developer Supertech over non-payment to the homebuyers for the flats which were ordered to be demolished.

A bench headed by Justice DY Chandrachud told Supertech to keep their office in order and to make the payment to home buyers by January 17. It said that no amount should be deducted while giving back the money. The bench told the counsel appearing for Supertech, "Interest cannot be charged on return of investment. You are looking for all sorts of reasons to not comply with the order of the court. Ensure that the payments are made by Monday, else there would be consequences."

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