Search Results for Tag : Unitech

Judgments

Supreme Court has directed the Centre to come up with a proposal for construction of stalled projects of embattled real estate major Unitech Ltd withi.....

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Supreme Court Orders Forensic Audit of Real Estate Firm Unitech Ltd(10.12.2018)

Supreme Court has ordered forensic audit of embattled real estate firm Unitech Ltd. which has failed to deliver flats to thousands of home buyers on t.....

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NCDRC Orders Unitech to Pay compensation for Delivery Delay(30.01.2017)

National Consumer Disputes Redressal Commission (NCDRC) has directed Unitech Hi-Tech Developers to pay over Rs 3 crore to a couple for failing to give.....

Tags : National Consumer Disputes Redressal Commission, Unitech Hi-Tech Developers

Supreme Court Puts on Hold Unitech Compromise Meets with Homebuyers(21.11.2016)

Supreme Court has stayed all meetings between homebuyers and Unitech on proposed scheme of compromise to complete its pending projects.

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Supreme Court to Unitech MD Sanjay Chandra: Show Bonafide by Depositing Money(24.10.2017)

Supreme Court has asked jailed Unitech Ltd Managing Director Sanjay Chandra to establish his bonafide by depositing at least Rs 1,000 crore out of a t.....

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Supreme Court to Unitech: Deposit Rs. 750 Crore by December(31.10.2017)

Supreme Court has directed Unitech to deposit Rs. 750 crore by December to secure bail for its director Sanjay Chandra, who is in jail in a case of al.....

Tags : Supreme Court, Unitech, real estate

Delhi High Court Refuses Interim Bail to Unitech Promoter Ajay Chandra(30.11.2020)

Delhi High Court has declined to extend the interim bail of one month granted to Unitech Ltd promoter Ajay Chandra due to the illness of his wife who .....

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Delhi Trial Court Acquits Unitech in Cheating Case(15.01.2016)

A trial court of Delhi has acquitted Unitech's top bosses in a cheating case, after it got to know that they have resolved the matter with the complai.....

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Supreme Court Says NCLT Should Have Taken Its Leave in Unitech Case(13.12.2017)

Supreme Court has expressed displeasure over the manner in which the government had approached the National Company Law Tribunal (NCLT) in the case of.....

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Supreme Court Stays NCLT Order Allowing Govt to Take Control of Unitech(13.12.2017)

Supreme Court has stayed an order of the National Company Law Tribunal (NCLT) that allowed the government to take control of Unitech Ltd by suspending.....

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Supreme Court Asks Unitech to Deposit 14% Interest to 39 Home Buyers For Delay in Delivery(21.02.2017)

Supreme Court, while slapping a penalty on Unitech Resorts for delaying handing over of flats, has directed it to deposit 14 per cent interest on Rs 1.....

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Supreme Court Orders Auctioning of Unitech's Assets(10.04.2018)

Supreme Court has ordered that a public notice inviting objections to sale of assets of real estate major Unitech Ltd be issued for auctioning them, i.....

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Supreme Court Allows Government to Take Over Unitech Limited(21.01.2020)

Supreme Court has accepted the Centre’s proposal to take over Unitech Limited and approved the names of new directors of the firm’s Board headed by Yu.....

Tags : Supreme Court, Central Government, Takeover of Unitech Limited

Supreme Court Puts on Hold Delhi HC Order on Unitech Compromise Meets with Homebuyers(15.12.2016)

Supreme Court has stayed Delhi High Court order, which had directed realty firm Unitech to hold meetings with home buyers and opening escrow accounts .....

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Supreme Court to Unitech: List Your Unencumbered Properties(06.03.2018)

Supreme Court has asked Unitech to file a list of its unencumbered properties including that of its subsidiaries, both in India and abroad.

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Supreme Court to Auction Unitech’s Unencumbered Assets to Pay Off Home Buyers(12.03.2018)

Supreme Court has sought details of all unencumbered assets of embattled real estate major Unitech Limited and said that they would be auctioned to re.....

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Supreme Court Asks Firm to Deposit Rs 90 Crore for Purchasing Unitech's Land(17.02.2018)

Supreme Court has ordered Chennai-based Omshakty Agencies, which agreed to purchase land from Unitech, to deposit Rs. 90 crore with the court’s regist.....

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SC Slams Unitech for Not Cooperating with Auditors(18.02.2019)

Supreme Court has pulled up Unitech Limited for not cooperating with forensic auditors it had appointed and warned the company of initiating contempt .....

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Supreme Court Directs Government to Start Managing Unitech(19.12.2019)

Supreme Court has directed the Government to take over the management of real estate developer Unitech after forensic auditors found diversion of fund.....

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SC Orders Unitech to Pay Interim Compensation of Rs 5 Crore to Noida Flat Buyers by Aug 12(01.07.2016)

SC has ordered Unitech to compensate the buyers in its Burgundy Society in Noida by August 12. The court has asked Unitech to pay interim compensation.....

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NCLAT Hauls Unitech Ltd for Defaulting Payment to Deposit Holders(28.02.2020)

National Company Law Appellate Tribunal has directed Unitech Limited to repay the amount(s) to its deposit holder’s penedente lite along with future i.....

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SC Refuses Bail to Unitech Promoters(24.01.2019)

Supreme Court has refused bail to Unitech promoters Sanjay Chandra and Ajay Chandra in a case relating to alleged siphoning off the home-buyers' money.....

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SC Orders Forensic Audit of Unitech Over Fund Diversions(21.01.2019)

Supreme Court has directed forensic audit of real estate giant Unitech and its subsidiary companies to probe alleged financial irregularities and dive.....

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SEBI Levies Rs 2 Lakh Fine on Unitech for Violating Listing Agreement(02.12.2019)

Securities and Exchange Board of India has slapped a fine of Rs 2 lakh on Unitech Limited for making wrong disclosure with regard to shareholding patt.....

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Unitech Case: Supreme Court Refuses to Direct Surplus Noida Land's Return(11.02.2020)

Supreme Court has refused to pass any order on the plea of Noida Authority seeking claim over 277 acre surplus land allocated to crisis-hit Unitech Lt.....

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SC Permits Unitech Promoters to Have Video Conference Meeting Every Fortnight(11.02.2022)

Supreme Court has permitted Unitech promoters Sanjay and Ajay Chandra to have one video conferencing meeting every fortnight with their lawyers for a .....

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Delhi Court Dismisses Bail Pleas of Unitech Directors(07.04.2017)

Delhi Court has rejected the bail plea of Sanjay Chandra and Ajay Chandra, directors of real estate major Unitech and sent them to 14-day judicial cus.....

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Supreme Court Sets Up Panel to Auction Unitech's Properties(15.05.2018)

Supreme Court has declared its intent to have the process of auctioning of the unencumbered properties of Unitech, totaling more than 800 acres of lan.....

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SC Raps Unitech for Delaying Completion of Residential Project(02.09.2016)

SC has rapped Unitech, which had been asked to deposit Rs. five crore by August 5, 2016, for delaying completion of a high-end residential project Bur.....

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Delhi HC to Unitech: Open Special Account to Finish Project(06.09.2016)

Delhi HC has asked Unitech and its homebuyers to work out a formula under which the developer uses 90% of the funds collected from them to construct a.....

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NCDRC: Unitech Guilty of Over 10-Yr Delay in Giving Possession of Flat(31.08.2018)

National Consumer Disputes Redressal Commission, has held Unitech Ltd guilty of deficiency in service for over 10-year delay in handing over possessio.....

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SC Refuses to Modify Its Order Directing Priadarshni Foundations to Reconvey Land to Unitech(03.03.2022)

Supreme Court has refused to modify its last year's order directing Priadarshni Foundations Pvt. Ltd to reconvey the lands ad-measuring 30.71 acres to.....

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Supreme Court to Unitech: Deposit Money or Properties Will be Auctioned(03.05.2018)

Supreme Court has said that the drastic decision of auctioning personal properties of directors of embattled real estate firm Unitech and its subsidia.....

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Supreme Court Issues Notice to Unitech on Contempt Plea of Home Buyers(08.05.2018)

Supreme Court has sought the response from real estate major Unitech Ltd on a plea seeking initiation of contempt proceedings against it for alleged n.....

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Supreme Court Orders Auction of Unitech Directors' Assets(22.08.2018)

Supreme Court has ordered a court-mandated committee to initiate auction of personal assets of directors of distressed real estate giant Unitech, whos.....

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SC Directs ED to File Reply on Plea Seeking Interim Bail for Ex-Unitech Promoter Sanjay Chandra(24.03.2022)

Supreme Court has directed the Enforcement Directorate (ED) to file its reply on a plea filed by the wife of ex- Unitech promoter Sanjay Chandra seeki.....

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Supreme Court Seeks Detail of Complainants in Gurugram's Unitech Project(17.08.2017)

Supreme Court has directed Delhi Police to furnish details of number of flat buyers of Unitech's project in Gurugram who had approached it for registe.....

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Supreme Court Asks Greater NOIDA To Deposit Rs 66 Crore With It For Refunding To Plot Buyers(11.09.2018)

SC has asked a local authority in UP. to deposit Rs 66.82 crore, received from Unitech Ltd, to refund those who have opted out of one of its housing s.....

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Construct 514 Unitech Flats From Auctioned Property Funds: Supreme Court(12.09.2018)

Supreme Court has directed the realty firm to construct 514 flats in its five projects out of the funds generated from auctioning of its Kolkata prope.....

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SC Orders Unitech to Refund Rs 15 Crore to Gurgaon Housing Project Investors(17.08.2016)

SC has ordered real estate giant Unitech to refund Rs 15 crore to investors in delayed housing projects in Gurgaon. However, it agreed to hear the com.....

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Supreme Court Orders Execution of Sale Deed for Unitech Land(17.07.2018)

Supreme Court has directed execution of a sale deed for the embattled real estate firm Unitech’s land near Bangalore in favour of Devas for Rs 97. 69 .....

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Supreme Court Asks Unitech to Deposit 14% Interest on Investment by Home Buyers(25.04.2017)

Supreme Court has directed real estate firm Unitech to deposit 14 per cent interest on Rs. 16.55 crore invested by 39 home buyers in its project in Gu.....

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Supreme Court Says 'Defaulters Can’t Seek Enforcement of Fundamental Rights'(02.05.2017)

Supreme Court, while refusing to entertain a petition filed by embattled real estate company Unitech Ltd, has said that defaulters cannot be allowed t.....

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Supreme Court Orders Unitech to Pay Litigation Cost to Home buyers(20.09.2017)

Supreme Court has directed Unitech to pay litigation cost to home buyers who have succeeded before the grievance redressal commission in their lawsuit.....

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Delhi State Consumer Commission Orders Unitech to Pay Rs 33 Lakhs(20.08.2019)

Delhi State Consumer Commission has noted that homebuyers cannot be expected to wait indefinitely for the possession of flats and directed real estate.....

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Delhi HC Stays Warrants against Top Officials of Unitech Ltd.(25.10.2016)

Delhi High Court has stayed execution of non-bailable warrants against three top officials of real estate major Unitech Ltd on a complaint alleging de.....

Tags : Delhi HC , Unitech Ltd., non-bailable warrants

Delhi Court Orders Criminal Proceedings against Unitech(15.06.2016)

A Delhi District Court has ordered that proceedings be initiated against real estate developer Unitech and its promoters along with its top executives.....

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Supreme Court Gives Nod for Auction of Three Unitech Properties Worth Rs. 600 Crore(06.07.2018)

Supreme Court has permitted the auction of three properties belonging to Unitech Ltd in Agra, Varanasi and Sriperumbudur to reimburse the claims of th.....

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Unitech Case: SC Orders Withdrawal of Special Facilities to Jailed Promoters(10.05.2019)

Supreme Court has ordered withdrawal of special facilities given to real estate company Unitech's promoters Sanjay Chandra and Ajay Chandra.

Tags : Supreme Court, Unitech, Sanjay Chandra, Ajay Chandra

Supreme Court to Government: Consider Taking Over Unitech(10.05.2019)

Supreme Court has asked government to look into the possibility of it taking over the Unitech Group and complete the pending housing projects to prote.....

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Unitech Case: Supreme Court Directs NBCC to Finish 74 Projects(30.07.2019)

Supreme Court has ruled that UNITECH is incapable of fulfilling its commitment and has asked the NBCC to take up Unitech’s 74 projects affecting 17,00.....

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Supreme Court Orders Unitech to Refund Rs 16 Crore to 39 Flat Buyers(19.10.2016)

Supreme Court has ordered Real Estate Developer Unitech to refund Rs 16 crore to 39 flat buyers in a case of not completing housing project Vista in G.....

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Supreme Court Grants Conditional Interim Bail to Two Unitech Promoters(04.09.2017)

Supreme Court has granted conditional interim bail to Sanjay Chandra and Ajay Chandra, two promoters of real estate firm Unitech Ltd, in a fraud case .....

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