Hours after bail, Unitech promoters back in custody

The brothers had been arrested by the Economic Offences Wing of the Delhi Police on March 31 for allegedly duping over 90 home buyers.

By: Express News Service | Gurgaon | Published: April 11, 2017 6:32 am
Unitech, Unitech news, Unitech managing director Sanjay Chandra, Unitech Ajay Chandra, Unitech MD Sanjay Chandra, Unitech news, Delhi news, Gurgaon news, Indian Express, India news Unitech MD Sanjay Chandra.

Hours after a Delhi court granted three-month bail to Unitech’s managing director, Sanjay Chandra, and his brother, Ajay Chandra, the duo were taken into custody by Gurgaon Police in connection with other cases registered against them. The brothers had been arrested by the Economic Offences Wing of the Delhi Police on March 31 for allegedly duping over 90 home buyers, and failing to hand over flats in their housing project, Anthea Floors, in Gurgaon.

A Delhi court had Monday granted them three months’ bail, conditional on a personal bond of Rs 70 lakh each and one surety of a similar amount. It had also directed them to appear before the Supreme Court in relation to various other cases.

Gurgaon Police took the duo into custody Monday evening, after attaining a production warrant. “They have been taken into five-day police remand for further questioning, and will be produced in court again on April 15,” ACP Manish Sehgal, PRO of Gurgaon Police, said.

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  1. P
    Apr 12, 2017 at 6:07 pm
    What about crore of crore money collected by these Chandras in the name of Unitech Fixed Deposit from market. They have hugely defaulted and not making payment despite various commitment. Appreciate if anyone throw light on the current status of Unitech Fixed Deposits.
    1. S
      Apr 12, 2017 at 10:22 am
      Why is Unitech's kingpin, Ramesh Chandra, never arrested, probed and jailed? On account of his age? Did he and India's law enforcement agencies ever give a thought to all those cheated Unitech flat-buyers who spent a lifetime running from pillar to post to get delivery of their homes instead of suc bing to Unitech's demands for ransom, suffered heart attacks and dropped down dead? What of those poor old victims and their wasted blood, sweat and tears on which Unitech bosses built their multi-crore empire and land banks? The authorities don't care a for them; only for 'top businessmen' and their likes who help them rise to power and prosperity.
      1. R
        Apr 11, 2017 at 5:40 pm
        They have broken so many hopes and homes - good to see the law catch up with them
        1. H
          Apr 11, 2017 at 11:02 am
          Good! This is acche din for many,and Bure din for the few like kangress!