Diabytes
SC asks Unitech to pay compensation to Noida flat buyers by August 12 or face jail
The Supreme Court has asked the senior management of real estate company Unitech to pay interim compensation of around Rs 5 crore to Noida flat buyers by August 12. The country's top court has also warned the company Directors that failing to do so, they may face imprisonment.
Trending Photos
9- 13
- 7
- 6
 "SC asks Unitech to pay compensation to Noida flat buyers by August 12 or face jail")
Zee Media Bureau
New Delhi: The Supreme Court has asked the senior management of real estate company Unitech to pay interim compensation of around Rs 5 crore to Noida flat buyers by August 12.
The country's top court has also warned the company Directors that failing to do so, they may face imprisonment.
Unitech Group had failed to give possession to flat buyers in its Burgundy Society in Noida Sector 76.
The National Consumer Disputes Redressal Commission (NCDRC) had earlier directed Unitech to compensate the flat buyers.
The share price of Unitech fell 1.5 percent intra-day on Friday.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
Live Tv
 "DNA: Trump’s Victory: What Changes Are Coming?")
 "DNA: Yogi’s Bulldozer Politics in Maharashtra")
 "DNA: Article 370 - CM Abdullah’s Gamble Falls Short?")
 "DNA: Supreme Court Upholds Validity of UP Madrasa Act")
 "DNA: US Presidential Elections and its Global Implications")
 "DNA: Yogi Adityanath’s Winning Formula for Upcoming Elections!")
 "DNA Exclusive: Khalistani Attack on Hindu Temple in Canada Exposed")
 "DNA: Ban on Muslims in Tirupati Temple?")
 "DNA: Violence 2.0 in Bangladesh!")
 "DNA: Ruckus over Lord Ram in JNU!")
