Supertech and its group companies have been accused of cheating over 800 homebuyers of ₹228 crores. On the homebuyers’ complaints, 26 first information reports (FIRs) were registered in Delhi, Haryana and Uttar Pradesh under several provisions of the Indian Penal Code (IPC).
The ED arrested Arora in June 2023. The complaint was filed against him on August 24, 2023, and the court took cognisance of the same on September 26, 2023.
Arora’s statutory bail plea and his petition challenging arrest by the ED were earlier rejected by the Delhi High Court.
Source: Barandbench
