Sanjay Chandra

Supreme Court refuses bail to Unitech promoters in a case relating to siphoning home buyers' money

The Supreme Court on Wednesday refused bail to Unitech promoters Sanjay Chandra and Ajay Chandra in a case relating to alleged siphoning off the home-buyers' money

Govt takeover of Unitech: Company law tribunal should have taken our leave, says Supreme Court

Company law tribunal on 8 December, had suspended all the eight directors of the realty firm over allegations of mismanagement and siphoning of funds and had authorised the Centre to appoint its 10 nominees on the board.

SC to hear on Tuesday Unitech's plea challenging NCLT order that directed govt to take over real estate company

NCLT has recently invoked provisions of Companies Act and allowed central government to take over Unitech management and appoint its own nominees

2G spectrum scam: CBI court defers case against A Raja, Kanimozhi and others to 7 November

A court in New Delhi on Wednesday adjourned the 2G spectrum allocation case against former Telecom Minister A Raja, DMK Rajya Sabha member Kanimozhi for 7 November.

Unitech MD Sanjay Chandra seeks bail, SC asks for deposit of Rs 1000 cr to establish bonafides

The bench, however, said that properties can be put on auction to generate Rs 1,865 crore to refund the buyers

Unitech's Sanjay Chandra fails to get bail as SC equates tears of buyers with his liberty

At the fag end of hearing, Chandra's counsel urged the court that the promoter should be allowed to work from his office in custody, the bench said, "No".

2G spectrum scam: Court adjourns Subramanian Swamy's plea against Tata, asks for more material

The court directed the complainant to file the documents "as and when" he receives it while adjourning it sine die (with no appointed date for resumption).

Unitech's Sanjay Chandra arrested: Why it's a wake-up call for industry associations

Severe action is justified only if the accused show signs of being non-cooperative or a tendency to evade ownership for their decisions that cause loss of property to customers or other stakeholders like partners

Unitech promoter firm stake down 2.17% on invocation of shares

Unitech is facing a liquidity crunch due to slowdown in the real estate market, particularly housing segment

2G case: Special Court allows CBI to drop ED officer as witness

A special court has allowed CBI to drop Enforcement Directorate's Assistant Director Satyendra Singh as a prosecution witness in the 2G case.