Sanjay Chandra, Unitech Managing Director and his Brother Arrested by Delhi Police
Sanjay Chandra, MD of real estate firm Unitech, along with his brother was arrested by the Economic Offices Wing of the Delhi Police late on Friday.
Chandra and his brother are expected to be produced in court after 2 p.m. on Saturday.
Unitech and its bosses have been accused by homebuyers of duping them after the real estate company failed to hand over possession of houses in its Greater Noida project. The flats were to be handed over by April 2008 but the company allegedly failed to abide by its agreement.
Sanjay Chandra, along with Unitech Ltd Chairman Ramesh Chandra, Managing Director Ajay Chandra and Director Minoti Bahri had to spend a day in Tihar Jail in January last year. All four had been sent to judicial custody on January 11, 2016 and succeeded in getting interim bail for three days, but failed to get a release warrant on time.
NEW DELHI: The Consumer Disputes Redressal Commission in Chandigarh has sentenced Unitech chairman Ramesh Chandra and two managing directors of Read more
