BusinessPay Compensation To Flat Buyers Or Face Jail: Top Court To Unitech
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Pay Compensation To Flat Buyers Or Face Jail: Top Court To Unitech
Court had earlier directed Unitech to deposit amount by June 10, 2016
A bench has now warned Unitech to deposit the amount by August 12
The order came during hearing of a plea filed by Unitech against NCDRC
New Delhi: The Supreme Court on Friday directed real estate major Unitech Ltd to deposit an amount of Rs 5 crore in its Registry for failing to hand over apartments in Noida area in the national capital region to consumers which was to be given three years ago.
A bench comprising Justices Dipak Misra and C Nagappan also warned the developer to deposit the amount by August 12, failing which its directors may be sent to judicial custo...