New Delhi, Sept. 11 -- The Delhi high court has refused to quash criminal proceedings against Supertech chairman Ram Kishor Arora and two other executives in connection with the alleged non-delivery of flats booked by homebuyers in Supertech Limited's "Hill Town" project in Sector 2, Sohna, Haryana.

A bench of Justice Madhu Jain, in its September 8 verdict released later, observed that the case was not merely about a delay in handing over possession but also concerned the alleged manner in which the transactions were structured, representations made to homebuyers, continued collection of payments and the subsequent failure to fulfil commitments under the subvention arrangement.

The judge, in her 20-page verdict, held that whether these ...