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Sanjay Chandra interim bail News
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The court said this as amicus curiae Pawan Agrawal told the court that in 61 projects of the real estate major there are 16,300 flat buyers with total involvement of Rs 7,816 crore.
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The Supreme Court on Thursday refused to grant interim bail to Unitech MD and promoter Sanjay Chandra.
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The court directed the next hearing of the matter on September 21.
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The apex court clarified that the home buyers who were seeking refunds will be given money on pro-rata basis and those wanting flats will be given the same.
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Chandra and his brother Ajay were arrested in April this year after investors who did not get their flats as promised filed complaints of cheating against them.
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