Sanjay Chandra, Managing Director of real estate major Unitech and two others were arrested by the economic offenses wing (EOW) of the Delhi Police in a link of financial irregularities. Chandra faces the charge of illegitimately divesting the fund of one venture into a different company. He will be produced[Read More…]
Tag: Unitech
No criminal proceedings against Unitech for now, Delhi HC tells buyers
In a temporary reprieve to realtor giant Unitech over delayed residential projects, the Delhi high court on Friday said the civil proceedings against the company directors can be put in abeyance for the time being. “The proceedings seeking execution of decrees passed against the company are civil in nature and,[Read More…]