SC gives Parsvnath Developers one week to deposit dues to homebuyers, warns next step is jail
The Supreme Court ordered Parsvnath Developers to deposit dues owed to homebuyers within one week, warning that failure to comply could lead to imprisonment for the firm's directors. Chief Justice Surya Kant criticized the company for its disregard of the legal system, stating that they are making a mockery of it. The case arose from a petition by homebuyers Rita and Lokaish Tikku, who invested in the 'Parsvnath Exotica' project in Gurugram.