E-PaperUnitech News
Q1 results today: Wipro, Federal Bank, Unitech, others to declare Q1FY24 earnings on Thursday — July 13
Wipro to announce Q1 results today, along with other companies, which include Federal Bank, Unitech, Angel One, Bhansali Engineering, Tata Metaliks, Sterling Wilson, etc
2 min read13 Jul 2023HC declines to extend Unitech promoter Ajay Chandra’s interim bail
The high court noted that the Supreme Court is seized of the matter and there was no ground to extend the interim bailOn January 20, in a respite to over 12,000 hassled home buyers of Unitech, the Supreme Court had allowed the Central government to take total management control of the realty firm
2 min read27 Nov 2020SC refuses to extend interim bail granted to Unitech promoter Sanjay Chandra
The Supreme Court on Friday refused to extend the interim bail granted to Unitech promoters Sanjay Chandra in connection with an alleged homebuyers fraud case. The court also refused to grant bail to his brother Ajay Chandra in the case
1 min read14 Aug 2020Resolution plan of real estate firm Unitech can be shared: Supreme Court
The Supreme Court said the resolution plan of the newly-constituted board for Unitech Ltd can be shared on its portal to solicit suggestions from the parties to help resurrection of the embattled real estate firm
2 min read31 Jul 2020After three years in jail, SC grants bail to Unitech promoter Sanjay Chandra
Chandra is granted bail as both his parents are hospitalisedThe accused, Sanjay Chandra had been in jail in connection with an alleged fraud case related to delaying housing projects in Noida and Gurugram
1 min read7 Jul 2020Govt appoints new nominee director on Unitech's board
Yudvir Singh Malik, a Haryana-cadre IAS officer, has been appointed as the chairman and managing director of the company as per the court orderThere are seven other members on the board
1 min read4 Feb 2020Supreme Court clears government’s 7-member board to take over Unitech
The court also granted a two-month moratorium from any legal proceedings against the new management.The bench clarified that no existing projects shall be stalled by the appointment of the new board.
1 min read20 Jan 2020Govt to take management control of Unitech, Supreme Court agrees
The govt had earlier said that it is willing to take over the management control of Unitech Ltd and complete its stalled projects for providing relief to around 12,000 hassled homebuyers
1 min read20 Jan 2020Government to move Supreme Court to supersede Unitech board
The apex court appointed forensic auditor Grant Thornton investigated into Unitech’s books of accounts in view of home buyers’ complaintsBanks are now on a serious drive against defaulting businesses under the new bankruptcy code
1 min read15 Jan 2020Consumer commission asks Unitech to refund ₹64.5 lakh with interest to home buyer
Unitech had promised Kumar to deliver possession of his flat within 42 months of the execution of the agreementThe commission also directed Unitech to pay ₹25,000 to Kumar as cost of litigation within three months
1 min read25 Nov 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared