The Economic Times

SC gives Parsvnath Developers one week to deposit dues to homebuyers, warns next step is jail

The Supreme Court gave Parsvnath Developers one final week to deposit homebuyers' dues. This deposit must include the entire amount along with twelve percent interest. Failure to comply will result in imprisonment for the company's directors. The court expressed strong displeasure with the real estate firm's actions. This order follows a twenty-year struggle by senior citizens for their homes.