SC orders Unitech to deposit Rs. 750 crore by year end
ANI | Updated: Oct 30, 2017 17:08 IST
The Supreme Court ordered that the registry of the amount be done by December end, to ensure refund to its home buyers.
The Apex Court will hear the matter next in second week of January.
The top court is hearing various project-related matters involving Unitech after several home buyers knocked at its door, seeking a direction to be given to the real estate major for getting timely possession and compensation for their flats.
The three-judge bench, headed by Chief Justice of India (CJI) Dipak Misra, had also directed the real estate company to file a detailed list of home buyers who want possession of their flats in Unitech group projects and those seeking a refund of their money.
Chandra is accused of duping buyers who had booked flats in his real-estate project in Greater Noida. Additionally, he has also been accused of fraudulently taking money from his clients and parking it in a shell company, thereby laundering it abroad. (ANI)