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The Latest Breaking News from Unitech

NCLT clears Bhutani Infra's Entertainment City stake buy over Unitech objections

The National Company Law Tribunal (NCLT) has ordered Entertainment City to register a 4.26% equity transfer to Bhutani Infra's Parmesh Construction Company. This decision overrides Unitech Holding's objections regarding a shareholder agreement violation. The tribunal ruled the transfer valid, stating that the initiation of a 100% disinvestment process effectively waived…

The Economic Times

ED provisionally attaches land worth ₹125.06 crore in Chennai

ED provisionally attaches land worth ₹125.06 crore in Chennai

ED attaches 39.83% of 4.79 acre land worth ₹125.06 crore owned by Unitech Infopark Limited, a benami company of Unitech Group's promoters. Investigation revealed proceeds of crime of ₹7,612 crore, with total attachment of ₹1,257.61 crore. Five individuals arrested, two prosecution complaints filed. Further investigation in progress.

Supreme Court issues notice to former Unitech promoter Sanjay Chandra's wife Preeti Chandra

Supreme Court issues notice to former Unitech promoter Sanjay Chandra's wife Preeti Chandra

The Supreme Court issued notice to former Unitech promoter Sanjay Chandra’s wife, Preeti Chandra, on Enforcement Directorate (ED) plea challenging the Delhi HC order granting bail

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Homebuyers in Noida-Greater Noida worst hit; 1.65 lakh units of ₹1.18 lakh crore stalled

Jaypee Infratech, Unitech, Amrapali and The 3C Company are some of the big companies whose projects are stalled in Delhi-NCR

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Explained: What realtor Supertech's bankruptcy means for its home buyers

NEW DELHI: Realtor Supertech, which has undertaken several projects in Noida, Gurugram, Ghaziabad, and Greater Noida, was declared bankrupt on Friday by the National Company Law Tribunal (NCLT) for defaulting on payment of Rs 431 crore to a consortium of banks. The move could have a bearing on 11,000 home…

The Times of India

SC allows ED to rely on forensic auditors' report for charge sheet against Unitech ex-promoters

The top court allowed Sanjay and Ajay Chandra, currently lodged in Mumbai jails, to have video conference meetings.

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Demolition And Dislocation In Gurgaon

Demolition And Dislocation In Gurgaon

Close to five high-rises surround a patch of land that was at the center of violent clashes after a “demolition drive” on May 15. This was once the village of Fatehpur Jharsa, which its inhabitants claim has a history going back more than a 100 years.

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