SC refuses to interfere with NCLAT order allowing Supertech's promoters to complete projects

The court was hearing two appeals filed by the Union Bank of India and Indiabulls Asset Reconstruction Company Ltd respectively, being the financial creditors of the corporate debtor - Supertech Ltd, against the order dated June 10 2022 passed by the National Company Law Appellate Tribunal (NCLAT, Principal Bench, New Delhi).

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