The Supreme Court of India announced that it will review a plea from Supertech, a real estate developer, seeking to limit court oversight to 16 housing projects being executed by the National Buildings Construction Corporation (NBCC). This request comes after the court proposed a court-monitored committee to oversee 30 pending projects to protect homebuyers amid Supertech's insolvency proceedings. The Supreme Court's initiative follows the suspension of Supertech's interim resolution professional, Hitesh Goel, for alleged lapses under the Insolvency and Bankruptcy Code. Chief Justice Surya Kant emphasized the need for parity among homebuyers, ensuring that none feel neglected in the oversight process. Supertech's senior advocate, Shyam Divan, argued for restricting the court's involvement to the 16 projects, which cover over 50,000 flats across locations in Uttar Pradesh, Uttarakhand, and Bengaluru. The court has directed stakeholders to respond to Supertech's plea and provide suggestions for the committee's composition, aiming for transparency and security for all affected homebuyers.