Unitech moves SC against government taking over management
Realty estate company Unitech moved the Supreme Court on Monday against National Company Law Tribunal's (NCLT) order allowing the government to take over the company's management. The NCLT on Friday authorised the government to appoint its 10 nominees on the company, which is accused of diverting funds. Unitech owes over â¹7,800 crore to 16,300 homebuyers in 61 projects.