The Supreme Court is seeking assistance from Rajiv Jain to investigate Supertech Realtors’ insolvency, following allegations of fund siphoning by director Ram Kishore Arora across 21 projects. The court refused to halt insolvency proceedings, noting widespread investigations into Supertech’s projects. Arora is contesting the insolvency, citing a settlement offer, while the Bank of Maharashtra denies any agreement.
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SC ropes in ex-IB chief to examine Supertech insolvency case amid fund diversion allegations
