Unitech Md

ED seeks custodial interrogation of Unitech's Chandra brothers

The Enforcement Directorate sought custodial interrogation of the former promoters of Unitech, Sanjay Chandra and Ajay Chandra, stating that it has 'bulky evidence' against them

SC grants 15-day interim bail to Unitech's ex-promoter Sanjay Chandra

The bench refused to accept the submission of senior advocate Siddharth Dave for some more time; Sanjay is accused of allegedly siphoning homebuyers' money

Government nominee directors appointed on board of crisis-hit Unitech

On Tuesday, Unitech's newly appointed chairman and managing director (CMD) Yudvir Singh Malik assumed office

Yudvir Singh Malik appointed Unitech's CMD after govt supersedes board

Crisis-hit realty firm Unitech's newly appointed chairman and managing director (CMD) Yudvir Singh Malik assumed office on Tuesday. The central government has superseded Unitech's board on Supreme Court's direction. "Yudvir Singh Malik, IAS (Retd) has been appointed as Chairman & Managing Director of the company in terms of order of the Supreme Court of India, with immediate effect," Unitech said in a regulatory filing. "Malik has assumed office today (Tuesday) and held a brief meeting with the key managerial personnel(s) (chief financial officer and company secretary)," it added. On Monday, the Supreme Court allowed the Centre to take total management control of the embattled realty firm and appoint a new board of nominee directors. The decision would bring respite to over 12,000 hassled homebuyers of Unitech. The top court had approved the name of retired Haryana cadre IAS officer Yudvir Singh Malik as CMD of the new board and directed that the existing board of directors of the

SC refuses custody parole to Unitech MD, orders refund to home buyers

A bench headed by Chief Justice Dipak Misra considered the fact that around Rs 420 mn had been deposited with the apex court registry after the sale of some assets of the real estate firm