New Delhi, April 14 -- The Supreme Court on Monday said its recent order proposing a court-monitored committee to complete 30 pending Supertech housing projects was aimed at protecting homebuyers and agreed to consider next week the developer's plea to recall the order and restrict court oversight to 16 projects being executed by NBCC.

On April 10, the court proposed appointing an independent, court-monitored committee to ensure timely completion of all projects that were partially or substantially constructed before Supertech entered insolvency proceedings before the National Company Law Tribunal (NCLT).

The move followed the suspension of Supertech's interim resolution professional (IRP), Hitesh Goel, by the Insolvency and Bankruptcy ...