The order became necessary as the interim resolution professional (IRP) of Supertech failed to deposit the entire refund amount -- he deposited only ₹1.10 crore -- with the Supreme Court registry by August 31
The court said, “We direct the Union Bank to take steps within 10 days to ensure an amount of ₹15,51,678 is released to Supertech for compliance with our order of July 17”
The land deal got embroiled in a controversy after Haryana IAS officer Ashok Khemka, who was then posted as director general, consolidation of holdings, set aside the mutation (number 4513) of Sky Light’s 3.53 acre on October 15, 2012.