Unitech MD Sanjay Chandra’s interim bail plea rejected by Supreme Court
The Supreme Court on Friday rejected the interim bail plea of realty major Unitech’s Managing Director Sanjay Chandra.
The bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud said that amicus curiae Pawan Shree Agrawal would create a portal having all the details on Unitech’s projects including the home buyers who want the possession of the flats and those seeking the refund of their money. Agrawal told the court that of the nine projects examined by him, there were 4,000 flat buyers with an investment of Rs 1,800 crore.
The court directed the next hearing of the matter on September 21. Earlier, the trial court had refused to extend the three months interim bail granted to them in April. The Delhi High Court too refused to extend the interim bail that came to an end on August 10.