[ecis2016.org] The Supreme Court has ordered real estate firm Unitech, to furnish a list of cases pending against it, in various consumer fora and the amount involved in these matters
A Supreme Court bench headed by justice Dipak Misra, on February 27, 2017, directed real estate major Unitech, to file the list of cases pending against it before various consumer forums and the amount involved. The direction by the bench, which also comprised justices AM Khanwilkar and MM Shantanagoudar, came after Unitech’s lawyer said that they would submit a comprehensive proposal, for satisfying the amount and the orders of the National Consumer Disputes Redressal Commission (NCDRC).
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The SC also asked the firm to give a list of persons who have got orders in their favour in the disputes before the consumer for and listed the matter for hearing on March 27, 2017.
[ecis2016.org] Deposit 14% interest on 39 home buyers’ money: SC to Unitech
The counsel appearing for home buyers, said if the firm was committed to pay, it must take into consideration the amounts awarded by the NCDRC and the buyers who were fighting their respective cases before different consumer fora. He said: “We do not want the apartments. We want our money back”. To this, the bench observed it was concerned with the refund of money to the home buyers and ‘whosoever has come to the court, they must be given back their money’. Unitech’s lawyer sought time from the bench for submitting a comprehensive proposal on the issue.
The apex court had on February 20, 2017, slapped a penalty on Unitech Resorts for delaying handing over of flats and directed it to deposit 14% interest on Rs 16.55 crores invested by 39 home buyers with it. The 39 home buyers, who has moved the court, had booked flats in Unitech’s Vista housing project in Gurugram. They had sought a refund of their principal amount, totalling Rs 16.55 crores with interest, after the developer, which had promised to give the possession by 2012, delayed it.
Over two dozen home buyers of Unitech’s housing projects in Noida and Gurgaon had approached the NCDRC after the firm had failed to give them possession of flats as per schedule. The consumer forum had asked the realty firm to refund the money to the home buyers with interest.
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
