Supreme Court directs ED, Delhi Police to submit details of cases against Unitech directors
SC told ED and Delhi Police to submit case details against Unitech directors to ensure speedy trial and said homebuyers should face no inconvenience.
The Supreme Court on Wednesday instructed the Enforcement Directorate and Delhi Police to provide information about cases against directors of struggling Unitech Ltd. The aim is to ensure a timely trial and avoid inconveniencing homebuyers. The court emphasized that while the law must follow its course, no additional leniency should be granted to the accused.
A special court will be established to exclusively hear these cases, with no further delay. The bench sought information on the whereabouts of the funds deposited by homebuyers, questioning whether they have been sent abroad or if the investigating agencies have been diligent in tracing them. The criminal prosecution against Unitech's directors is divided into two parts, with one set being investigated by the Enforcement Directorate and the other by the Economic Offences Wing, which has filed charge sheets in 63 matters.
The court's objective is to ensure the 22,000 homebuyers receive their homes and facilitate an amicable resolution to the ongoing dispute, with the new board, appointed by the government, offering suggestions.
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