22/09/2017
NEW DELHI: Adopting a non-negotiable approach to protect homebuyers, the Supreme Court refused to release Unitech managing director Sanjay Chandra on interim bail on Thursday after learning the realtor had not delivered 16,299 flats, for which it had received Rs 7,816 crore. "Every individual's liberty is precious. But in this case, the court has to strike a balance between one individual's liberty and the tears of 16,299 homebuyers, who have been running after a mirage for years after investing their hard-earned money in projects undertaken by Unitech. When you are seeking wings of liberty, the court cannot close its eyes to the tears of 16,299 flat-buyers," the CJI-headed bench said.
, the Supreme Court refused to release Unitech managing director Sanjay Chandra on interim bail on Thursday after learning the realtor had not delivered 16,299 flats, for which it had received Rs 7,816 crore.