Over 4,200 homebuyers get relief as Supreme Court restores insolvency plans for Earth Infra's projects
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Summary
The Supreme Court on Tuesday granted relief to over 4,200 home and office space buyers of the stalled Earth Infrastructures Limited projects which is currently under corporate insolvency resolution process (CIRP)[Alpha Corp Development Vs Greater Noida].A Bench of Justices PV Sanjay Kumar and Alok Aradhe restored the resolution plans submitted by two firms, Roma Unicon Designex Consortium and Alpha Corp Development Private Limited, for the completion of the projectsThe Court also criticised the