The Supreme Court Ordered Unitech To Give The List Of Pending Cases Before Fiasco.

The Supreme Court Ordered Unitech To Give The List Of Pending Cases Before Fiasco.

imageThe Apex court on Monday ordered real estate firm UNITECH to propose a list of pending cases against it in various consumer redressal and the amount aggregated in these cases.

Justice Dipak Misra asked to present a list of persons who have got their result in favour of disputes before the consumer fora.

The jury by the bench which includes Justice A M Khanwilkar and M M Shantanagoudar came after Unitech’s layer said they would create and present comprehensive proposal for utilising the amount and the orders of the National Consumer Disputes Redressal Commission (NCDRC).

The jury bench also stated the matter for hearing on March 27.

The Counsel present for home buyers said if the firm has committed to pay, it must take into consideration the amounts awarded by NCDRC and the victimized buyers who are still fighting for their rights in different consumer redressals.

He said, “We do not want the apartments. We want our money back”.

To this, the jury bench observed it was concerned with refund of money to home buyers and “whosoever has come to the court, they must be given back their money”.

Unitech’s lawyer asked for some time to submit a comprehensive proposal on the issue.

Later, on Feb 20, the apex court has imposed a penalty on Unitech Resorts for delaying handing over of flats and ordered the firm to deposit 14% interest on Rs.16.55 crore invested by 39 home buyers with it.

The 39 home buyers, who pushed the court, had booked flats in Unitech’s Vista housing project in Gurugram. They holded their refund of their principal amount, a staggering total of Rs.16.55 crore with interest, after the developer, which had promised to give the possession by 2012, delayed it.

The consumer forum asked the Unitech firm to refund the money with interest to the home buyers.

Source : ET Realty

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