Unitech

Unencumbered assets of Unitech will be auctioned, says Supreme Court

Unencumbered assets of Unitech will be auctioned, says Supreme Court

In order to pay back home buyers seeking the refund of their money.

Mar 12, 2018, 17:57 PM IST
Two Unitech directors resign

Two Unitech directors resign

Unitech is facing huge protest from home buyers because of delay in completion of about 70 projects involving more than 16,000 flats.

Dec 16, 2017, 17:01 PM IST
SC stays government move to take over Unitech

SC stays government move to take over Unitech

Supreme Court on Wednesday stayed company law tribunal, NCLT, order allowing Centre to take over management of embattled realty firm Unitech Ltd.

Dec 13, 2017, 11:23 AM IST
Unitech case: SC disappointed with Centre for moving NCLT without prior permission

Unitech case: SC disappointed with Centre for moving NCLT without prior permission

SC was hearing Unitech's appeal challenging the recent order of the NCLT allowing the Centre to take over its management.

Dec 12, 2017, 13:06 PM IST
Unitech moves SC against NCLT oder allowing government takeover

Unitech moves SC against NCLT oder allowing government takeover

On December 8, the National Company Law Tribunal (NCLT) suspended all the eight directors of Unitech over allegations of mismanagement and siphoning of funds, while authorising the government to appoint its 10 nominees on the board.

Dec 11, 2017, 12:06 PM IST

Centre to take over management of Unitech in consumer interest

NCLT has directed government to submit the 10 names by December 20.

Dec 09, 2017, 15:06 PM IST
NCLT suspends Unitech directors, allows govt to appoint 10 nominees

NCLT suspends Unitech directors, allows govt to appoint 10 nominees

Unitech owes Rs 723 crore to 51,000 fixed deposit holders.

Dec 08, 2017, 15:25 PM IST
Bail to Unitech MD only after firm deposits Rs 750 crore: SC

Bail to Unitech MD only after firm deposits Rs 750 crore: SC

A bench headed by Chief Justice Dipak Misra said the money, to be deposited in the apex court registry, will be used in facilitating refund to the home buyers who want their money back.

Oct 30, 2017, 18:34 PM IST
SC refuses bail to Unitech MD Sanjay Chandra

SC refuses bail to Unitech MD Sanjay Chandra

On September 15, the top court had refused to grant interim bail to Chandra in the case relating to delaying of housing projects in Noida and Gurugram.

Oct 23, 2017, 14:15 PM IST
SC to hear fraud case against Unitech MD Sanjay Chandra today

SC to hear fraud case against Unitech MD Sanjay Chandra today

On September 15, the top court had refused to grant interim bail to Chandra in the case, relating to delaying of housing projects in Noida and Gurugram.

Oct 23, 2017, 07:59 AM IST
SC orders Unitech to pay litigation cost to house buyers

SC orders Unitech to pay litigation cost to house buyers

In a first of its kind order, the Supreme Court on Wednesday directed Unitech to pay litigation cost to home buyers who have succeeded before the grievance redressal commission in their lawsuit against the real estate major.

Sep 20, 2017, 20:51 PM IST
SC orders Unitech to pay litigation cost to home buyers

SC orders Unitech to pay litigation cost to home buyers

The court directed Unitech to pay the amount of the litigation costs within four weeks to buyers.

Sep 20, 2017, 12:48 PM IST
Unitech serious developer, not fly-by-night operator: Chairman

Unitech serious developer, not fly-by-night operator: Chairman

The Bombay Stock Exchange had sought clarification from Unitech about reports on September 7 that the company's top management was sent to police custody in fraud case.

Sep 19, 2017, 20:27 PM IST
Will sell my own house, pay everybody: Unitech MD Sanjay Chandra tells SC

Will sell my own house, pay everybody: Unitech MD Sanjay Chandra tells SC

The Supreme Court on Wednesday directed Delhi Police to furnish details of the number of flat buyers of Unitech`s project in Gurugram who had approached it for registering cases and the total amount owed by the real estate company to them.

Aug 17, 2017, 19:27 PM IST

Unitech Q4 net loss narrows to Rs 291.25 crore

Realty firm Unitech Ltd on Wednesday reported a consolidated net loss of Rs 291.25 crore for the fourth quarter ended March 31, 2017.

May 31, 2017, 15:01 PM IST
Have complied with order, deposited interest: Unitech to Supreme Court

Have complied with order, deposited interest: Unitech to Supreme Court

Real estate company Unitech on Monday told the Supreme Court that they have complied with its direction and deposited 14 per cent interest on Rs 16.55 crore invested by 39 home buyers at its Gurugram's project.

May 08, 2017, 21:59 PM IST
Unitech raised 600 crore via illegal fixed deposits: Report

Unitech raised 600 crore via illegal fixed deposits: Report

Most people lost their money, some their lives' savings by investing in the Unitech scheme.

Apr 14, 2017, 10:46 AM IST
Unitech MD Sanjay Chandra arrested in connection with financial irregularities

Unitech MD Sanjay Chandra arrested in connection with financial irregularities

Unitech Managing Director and two others were arrested in connection with financial irregularities on Saturday.

Apr 01, 2017, 11:05 AM IST
Give list of cases pending before consumer foras: SC to Unitech

Give list of cases pending before consumer foras: SC to Unitech

The Supreme Court on Monday directed real estate firm Unitech to furnish a list of cases pending against it in various consumer fora and the amount involved in these matters.

Feb 27, 2017, 19:00 PM IST
SC tells Unitech to pay interest to flat buyers

SC tells Unitech to pay interest to flat buyers

The Supreme Court on Monday asked real estate major Unitech to pay interest to 39 flat buyers who chose to withdraw after the builder`s failure to deliver flats as promised.

Feb 20, 2017, 14:33 PM IST