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HC directs Gautam Buddh Nagar DM to execute recovery certificates against Supertech

Economic Times  

The Allahabad High Court has issued directions to the district magistrate of Gautam Buddh Nagar to execute the recovery certificates issued by RERA against Supertech Pvt Ltd, preferably within three months. A division bench comprising justices Sunita Agarwal and Sadhna Rani passed the order while disposing the writ petitions of five petitioners, mostly from the Delhi-NCR, who were neither getting their ready-to-move-in flats nor the money paid to Supertech. The clients took home loans from banks and kept paying EMIs while residing in rented accommodations without any hope of ever getting their flats from the builder.The petitioners got recovery certificates issued by the Real Estate Regulatory Authority (RERA) almost a year ago, but they are lying unexecuted.