Don’t miss the latest developments in business and finance.

In a first, SC asks Unitech to pay Rs 80,000 litigation cost to homebuyers

Asked to pay the amount within 4 weeks to buyers who have succeeded in getting their principal amount and interest

SC orders Unitech to pay litigation cost to home buyers
IANS New Delhi
Last Updated : Sep 20 2017 | 2:03 PM IST

In a first of its kind order, the Supreme Court on Wednesday directed Unitech to pay litigation cost to homebuyers who have succeeded before the grievance redressal commission in their lawsuit against the real estate major.

A bench of Chief Justice Dipak Misra, Justice A M Khanwilkar and Justice D Y Chandrachud directed the real estate major to pay Rs 80,000 each as litigation cost to 39 flat buyers in one of the developer's projects.

The court directed Unitech to pay the amount of the litigation costs within four weeks to buyers who have succeeded before the National Consumer Disputes Redressal Commission (NCDRC) in getting their principal amount and interest.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

More From This Section

First Published: Sep 20 2017 | 2:03 PM IST

Next Story