Supreme Court Denies Bail To Unitech Directors

INSUBCONTINENT EXCLUSIVE:
Unitech is facing wrath of court in a case related to alleged siphoning of homebuyers' moneyThe Supreme Court on Wednesday rejected bail
plea of jailed directors of real estate company Unitech, Sanjay Chandra and his brother Ajay Chandra
The beleaguered realty firm is facing wrath of court in a case related to alleged siphoning of homebuyers' money
A bench of Justices DY Chandrachud and Hemant Gupta said Sanjay Chandra did not deposit Rs 750 crore with Registry of Court as per its
Chandra and Ajay Chandra - who have been in jail since August 9, 2017 - have sought bail on ground that they are complying with top court's
out of funds generated from auctioning of its Kolkata property.The Delhi High Court had in August 2017 rejected plea in a criminal case