NBCC submits plan to complete unfinished projects of debt-laden Unitech

Court seeks homebuyers', Unitech's response over plan, to next hear the matter on August 9

State-owned NBCC India on Monday submitted a proposal to the Supreme Court (SC) to complete the unfinished projects of debt-laden real estate company Unitech, and suggested that a three-member panel, led by a retired judge, could monitor the progress of the work. A two-judge Bench, led by Justice D Y Chandrachud, sought the homebuyers’ and Unitech’s response to NBCC’s plan to complete the unfinished projects. The details of the plan will be uploaded on a website for homebuyers, the top court said. The matter will be next heard on August 9.

During the last hearing on July 5, the two-judge Bench