January 21, 2020 4:37 am
A retired SC judge will also be appointed to monitor the resolution feedback being framed by the new board, the apex court added.
November 29, 2019 5:24 pm
It was alleged that Unitech made incorrect disclosure about shareholding of some promoters in the quarter ended September 2008 and December 2008.
July 30, 2019 2:26 am
Attorney General K K Venugopal, representing the Centre, conveyed this to the court in response to a direction asking it to submit a proposal to finish the incomplete projects of the group.
November 22, 2018 2:03 pm
The matter came to light after several inmates alleged that white-collar criminals were enjoying a "luxurious lifestyle" inside Tihar while they were not being provided basic necessities including medical treatment.
May 15, 2018 2:09 am
“We request Justice S N Dhingra to proceed with the auction as expeditiously as possible, as the home buyers are waiting with concern to get their money refunded,” the Bench of Chief Justice of India Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud said setting up the committee.
March 13, 2018 2:52 am
Unitech said the funds provided by J M Financial Asset Reconstruction Company Ltd would be used by it to finish its pending projects which would then be handed over to the homebuyers.
December 17, 2017 1:12 pm
Unitech has sought refund from the Telangana State Industrial Infrastructure Corporation of about Rs 500 crore it deposited in 2008 for the development of 350 acres of land
December 13, 2017 11:50 am
The apex court's decision comes a day after it had expressed its displeasure over the NCLT's passing orders in the matter.
December 09, 2017 7:38 am
Unitech’s lawyers were not present during court proceedings on Friday morning even as the government’s law officer told the court that an advance copy of the petition was sent to the company, but it refused to accept it.
September 22, 2017 5:31 am
The apex court clarified that the company will have to either give possession of flats to the buyers or refund them, failing which its properties will be auctioned to raise money to compensate the parties.