INSUBCONTINENT EXCLUSIVE:
Supreme Court has asked Supertech to return money to home buyers or face jail in Twin Tower projectSupreme Court on Wednesday warned real
project or face jail.The top court taking a critical view of the matter, slammed Supertech directors over non-payment to homebuyers for the
Supreme Court," Justice D Y Chandrachud said while hearing the matter."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," he told the builder's lawyers.Justice Chandrachud directed Supertech
indicated by the Court.The bench also told Supertech not to make deductions in the money to be refunded, which have not been ordered by the
Court.The three-month demolition deadline for the 40-storeyed twin towers in Noida is over but the demolition is yet to take place.On August
31, 2021, the Supreme Court had directed Supertech to demolish the twin towers within three months and gave directions to prosecute Noida
officials involved in approving maps and building plans in violation of norms.
