SC stays government move to take over Unitech
Supreme Court on Wednesday stayed company law tribunal, NCLT, order allowing Centre to take over management of embattled realty firm Unitech Ltd.
Dec 13, 2017, 11:23 AM IST
Unitech case: SC disappointed with Centre for moving NCLT without prior permission
SC was hearing Unitech's appeal challenging the recent order of the NCLT allowing the Centre to take over its management.
Dec 12, 2017, 13:06 PM IST
Unitech shares jump 11% as NCLT allows govt to appoint 10 nominees
Today's rally is the fourth consecutive one for the stock.
Dec 11, 2017, 16:55 PM IST
Unitech moves SC against NCLT oder allowing government takeover
On December 8, the National Company Law Tribunal (NCLT) suspended all the eight directors of Unitech over allegations of mismanagement and siphoning of funds, while authorising the government to appoint its 10 nominees on the board.
Dec 11, 2017, 12:06 PM IST
