इंडियन आवाज़     25 May 2024 04:38:02      انڈین آواز

SC tells Sanjay Chandra of Unitech to deposit another Rs. 5 crores

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New Delhi /

The supreme Court today asked the real estate major Unitech’s managing director Sanjay Chandra to deposit another Rs. 5 crores saying that his plea for bail would be considered on September 8.

The bench of Chief Justice Dipak Misra, Justice A.M.Khanwilkar, and Justice D.Y.Chandrachud asked Unitech to deposit another Rs. five crores as it noted that Rs. 15 crores as directed in the last hearing on August 24 has been deposited with the top court registry.

Saying that the question of grant of interim bail would be considered on Friday, the bench however, indicated that it would grant Chandra only an interim bail limited to a certain period.

The court said that the money so deposited with the top court registry would be disbursed amongst the 158 flat buyers of Antha project in Gurgaon on pro rata basis.

The court also asked senior counsel M.L. Lahoty to submit a list of 125 flat buyers belonging Unitech Vistas, Unitech Bargundy and Unitech Amber who are will to take the possession of 125 flats on “as on where is” basis.

The court said that the list of 125 falt buyers would be submitted to the authorised agent of the builder and the same would be verified by Wednesday so that it cxan be taken up for decision on September 8.

The court said that these 125 flat buyers would pay any outstanding payment as per the agreement.

The issuance of occupancy certificate for these 125 flats would be considered later, the court said.

The Unitech Managing Director Sanjay Chandra sought an interim bail for three months and had earlier told the court that he would sell his house to settle the dues of the flat buyers seeking refund of their money.

Chandra and his brother Ajay were arrested in April this year after investors who did not get their flats as promised filed complaints of cheating against them.

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