• Tag results for Unitech

SC refuses bail to Unitech promoters in case relating to siphoning of home buyers' money

A bench of Justices D Y Chandrachud and Hemant Gupta said they have not complied with its October 30, 2017 order which asked them to deposit Rs 750 crore with the apex court registry.

published on : 23rd January 2019

Hyderabad HC directs government to pay Unitech dues

The government has to repay the actual amount of 165 crore (paid by the company) for its failure to handover the land auctioned in favour of Unitech company.

published on : 4th December 2018

SC frowns over special treatment to Chandra brothers in Tihar jail​

"Is there a parallel system running in jails? Do they have special rights in jails," asked the SC bench.

published on : 22nd November 2018

Hyderabad HC orders Telangana government, TSIIC to pay Rs 660 crore to Unitech

Justice M S Ramachandra Rao gave the direction on October 23, on the petition by Unitech Limited in the case pertaining to the development of 350 acres of land here in 2008 by the company.

published on : 26th October 2018

Hyderabad HC directs Telangana government to pay Rs 660.55crore to Unitech

Therefore, the respondents are bound to make restitution of the amounts claimed by petitioners with interest, the judge noted.

published on : 26th October 2018

SC orders construction of 514 flats of Unitech from auctioned property funds

The bench said that Rs 21 crore should be transferred by the Registry of the apex court to an Unitech Escrow account opened by the Chairman of the Committee who is a signatory.

published on : 12th September 2018

Hyderabad High Court hearing likely tomorrow on Unitech's plea

Hyderabad HC is likely to hear tomorrow a petition filed by debt-ridden realty firm Unitech Ltd, seeking refund from the Telangana State Industrial Infrastructure Corporation of about Rs 500 crore.

published on : 17th December 2017

Two directors of real estate firm Unitech resign

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

published on : 16th December 2017

Supreme court halts government takeover of Unitech management

India's Supreme Court halted a government takeover of the management of top realty firm Unitech Ltd on Wednesday, saying the court is already seized of the matter.

published on : 13th December 2017

Supreme Court to hear tomorrow appeal of Unitech against National Company Law Tribunal order

The NCLT has recently invoked the provisions of the Companies Act and allowed the central government to take over the Unitech Limited and appoint its nominee directors in the Board of the firm.

published on : 11th December 2017

Unitech jumps 20 percent as National Company Law Tribunal allows government to appoint 10 nominees

Shares of Unitech surged as much as 20 percent in morning trade today after the NCLT authorised the government to appoint its 10 nominees on the board of the realty firm.

published on : 11th December 2017

NCLT allows government to appoint 10 directors on Unitech board

Bankruptcy court NCLT suspends eight directors of Unitech, allowing the government to appoint ten directors on the board.

published on : 9th December 2017

Deposit Rs 750 crore by December end to get bail: SC to Unitech MD Sanjay Chandra

A bench headed by Chief Justice Dipak Misra said Chandra's counsel can mention the matter related to bail before it once the money is deposited.

published on : 30th October 2017

Will appoint receiver and auction assets, SC tells Unitech's Sanjay Chandra

The SC said it will appoint a court commissioner as the receiver of real estate major Unitech's properties to realise the Rs 7,600 crore to be paid to home buyers

published on : 21st September 2017