SC seeks ED's reply on steps taken to bring back Unitech's home buyer's money stashed in Cyprus

The SC has asked ED to file a status report on steps taken to bring back Unitech Ltd home buyers' money amounting to Rs 5000 crores which has been siphoned off and stashed in a tax haven like Cyprus.

published on : 20th April 2022

SC allows ex-Unitech promoter Sanjay Chandra's wife to attend grandmother's funeral ceremony

The court asked Preeti Chandra to submit her Dominican Republic passport or any other passport that she has to the investigating officer before being allowed out of prison.

published on : 25th March 2022

Enforcement Directorate attaches over Rs 150-crore assets of Unitech promoters in money laundering case

Properties worth over Rs 150 crore of real estate firm Unitech Group have been attached in a money laundering case, the ED said.

published on : 30th March 2021

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