The Supreme Court on December 3 indicated that forensic audit of Unitech's financial accounts may be allowed and that the process may be discussed and finalised on Friday which is the next date of hearing, legal sources said.
At a brief hearing, Justice Chandrachud indicated that the issue of conducting a forensic audit of Unitech's financials may come up on December 7. The bail application of the promoters is also expected to be heard the same day, sources said.
Copies of Amrapali case orders were also placed before the bench, sources said, adding, the bench had wanted to see how forensic audit was conducted in the Amrapali case.
The Dhingra Committee has in its report furnished details of the status pertaining to five construction projects and released an amount of Rs 2.14 crore on the basis of bills submitted by Unitech for completing construction. It has indicated that 80 flats out of 147 have been completed at Unihomes, Mohali and the architect is to carry out inspection within a period of one week. By end January 2019, 147 flats are to be completed so that possession can be handed over to the purchasers, the court order said.
It noted that work of Vistas, Gurgaon and Unihomes 117 Noida is in progress. “Though the work on the remaining two projects has not commenced as yet, it is likely to commence at an early date,” it said.
The apex court had on October 30 last year said that Unitech’s MD Sanjay Chandra would be granted bail only after the real estate group deposited money with its registry by December-end.
Chandra is seeking interim bail from the apex court after the Delhi High Court on August 11 last year had rejected the plea in a criminal case lodged in 2015 by 158 home-buyers of Unitech projects' -- 'Wild Flower Country' and 'Anthea Project' -- situated in Gurgaon in Haryana.
Courtesy/By: Shubham Mathur
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05 Dec 2018
