“Either you (Supertech) sink or die, we are not concerned. The apex court directed Supertech to pay 10 per cent per month of the invested amount from January 5, 2015 to 17 home buyers, who are before the court, within four weeks. Senior advocate Rajeev Dhawan, appearing for Supertech, said the apex court “cannot act like a banker” and has to follow principle of equality. To this, the bench asked why Supertech was not giving back the money to all the investors. “The Hon’ble Supreme Court directed the company vide its order today to continue their ROI till main matter is decided, and further directed to clear if any ROI payment is pending, within four weeks,” it added.

Source: Indian Express September 07, 2016 02:37 UTC