Search Results for Tag : unitech

News

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.

Tags : Supreme Court, Unitech, Compromise Meets

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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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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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 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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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.....

Tags : Supreme Court, Ex-Unitech Promoter Sanjay Chandra

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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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 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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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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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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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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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 .....

Tags : Delhi High Court, Interim Bail, Unitech

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.....

Tags : Unitech Sanjay Chandra, Ajay Chandra

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 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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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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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.....

Tags : National Company Law Appellate Tribunal, Unitech Ltd

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.....

Tags : Delhi District Court, Unitech

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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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 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 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.....

Tags : Supreme Court, Unitech, real estate

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.....

Tags : SEBI, Unitech

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.....

Tags : Delhi HC, Unitech

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.....

Tags : Supreme Court, Unitech, Gurugram, Vista

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 .....

Tags : Supreme Court, Unitech, Compromise Meets, Homebuyers

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.....

Tags : Consumer Dispute, Unitech

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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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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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

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.....

Tags : Delhi Trial Court, Unitech

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

Judgments

Flat-buyers’ endeavours against Unitech stumped by COMPAT(20.07.2016)