Unitech’s Chandra brothers granted bail in one case, will remain custody till Sept 15

Unitech’s Chandra brothers granted bail in one case, will remain custody till Sept 15
13/09/2017 , by , in News/Views

Delhi court granted bail to promoters of real estate firm Unitech Ltd, Sanjay and Ajay Chandra, in one of the many cases against them, on Monday. However, the Chandra brothers would remain in custody of the police till September 15 to get quizzed in connection with three similar complaints.

Recently, the Supreme Court had refused to grant interim bail to the Chandra brothers till September 15 in one of its Gurugram-based project till the customers’ grievances were redressed.

Additional Chief Metropolitan Magistrate Sandeep Garg granted bail to the Chandras on a personal bond of Rs 50,000 each in the FIR lodged by an 85-year-old woman alleging they had duped her of Rs 41 lakh in the ‘Unitech Cascades’ housing project in Greater Noida in Uttar Pradesh. The court allowed the bail plea after the Chandras, through their counsel R K Gosain, said they were ready for a settlement through mediation and submitted fixed deposit receipt of Rs 41.5 lakh. This amount shall be paid to the complainant once the matter is settled, the counsel said.

In the last few years, several FIRs have been lodged against the Unitech top brass for allegedly cheating home buyers by not delivering them properties purchased from their firm’s housing projects

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