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UNITECH CASE
ED attaches Rs 634-crore assets in money laundering case against Unitech realty projectA provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach properties connected with the Unitech Gol...
SC to examine PIL for dedicated revenue judicial service for land disputesThe Supreme Court on Thursday agreed to examine a Public Interest Litigation (PIL) seeking directions to the Centre and states to establish...
Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...
IBBI panel suggests project-wise insolvency resolution for real estate sectorA panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...
Unitech Group promoters diverted half of Rs 16,000 crore worth homebuyers' funds for personal use: EDEnforcement Directorate filed a chargesheet against Unitech Group. The group and its promoters diverted Rs 7,794 crore. This money came fro...
Delhi HC grants bail to Unitech founder Ramesh Chandra in money laundering caseThe Delhi High Court granted bail to Unitech founder Ramesh Chandra in a money laundering case involving Rs 5826 crore. The trial is yet to...
Supreme Court permits Centre-appointed Unitech Board of seek police assistance to deal with disturbancesThe Supreme Court has permitted Unitech Ltd's Centre-appointed board to seek police assistance in managing third-party disturbances on its ...
Delhi Court dismisses default bail plea of Unitech's Sanjay Chandra, Ajay ChandraAs per the law, if the investigation is not concluded within the prescribed period of limitation from the date of arrest of the accused, th...
Attachment in Unitech Group case stands at Rs 1,257 crore: EDThe Directorate of Enforcement (ED) has attached a 39.83% share of 4.79 acres of land in Chennai worth Rs 125.06 crore in the case of Unite...
Unitech Case: ED provisionally attaches land worth over Rs 125 croreThe Enforcement Directorate has attached land worth Rs 125.06 crore belonging to Unitech Infopark Limited as part of its investigation into...
Want flat or refund? Unitech buyers asked to chooseThe apex court also refused to grant interim bail to Unitech MD and promoter Sanjay Chandra. The court was informed that Unitech had yet to...
Supreme Court ensures monetary relief for Unitech, Parsvnath flatbuyersA three-judge bench led by CJI Dipak Misra clarified that this order would apply only to this case and not be treated as a judicial precede...
Unitech promoters' police custody extended by 3 daysThe defence counsel, however, opposed the plea saying the police was already granted enough time to interrogate the Chandras.
Unitech case jolts builders, gives hope to home buyersThe sharp slowdown in the realty sector has piled misery on home buyers across the country and within NCR. By some estimates, handover of 3...
CBI mulling option of closing probe into Tata-Unitech dealThe CBI is considering the closure of the case soon on the ground that the Supreme Court had not directed the agency to carry out more inve...
- Unitech defends it right to seek arbitration
Realty company Unitech today told Company Law Board that its dispute with Norwegian firm Telenor over their joint venture Uninor was fit ca...
- 2G scam: DoT approaches law ministry and corporate affairs ministry on Unitech Wireless merger
The telecoms department in its communication to these ministries has pointed out that the Delhi High Court had already approved the merger ...
- Telenor wants Chandra to resign from Unitech Wireless board
Signalling a further rift between Unitech and Telenor, the Norway-based telco has asked Sanjay Chandra to step down from the Unitech Wirele...
- Unitech spurns Telenor demand for Chandra's exit; stock down
Realty major Unitech is learnt to have declined to give in to the demand of its telecom joint venture partner, Telenor, that Sanjay Chandra...
- 2G scam: Telenor insists on Sanjay Chandra's resignation
Realty major Unitech is learnt to have declined to give in to the demand of its telecom JV partner Telenor that Sanjay Chandra quit as Chai...