Supreme Court Freezes Parsvnath Accounts, Issues Warrants Amid Homebuyer Dispute

The Supreme Court has frozen the accounts of Parsvnath, a real‑estate developer, following a petition filed by affected homebuyers. In the same order, the court issued warrants against the company’s officials, citing allegations of non‑fulfillment of contractual obligations. Homebuyers have raised concerns over delayed handovers and alleged misappropriation of funds. The freeze is intended to safeguard the buyers’ interests while the case proceeds.