A Supreme Court empowered committee has issued a public notice that any real estate transaction involving Supertech Realtors’ Noida “Supernova” project requires prior written approval from the panel. This includes sale, transfer, assignment, conveyance, and creation of third-party rights for units in Supertech Realtors Pvt Ltd. Deals without approval will be treated as null and void ab initio, and past board resolutions won’t apply from December 16, 2025. The panel, chaired by Justice M M Kumar, has appointed PwC as transaction advisor to revive the stalled project.
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