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Business

SC asks ED, Delhi Police to give details of cases against Unitech directors

Business Standard ·
SC asks ED, Delhi Police to give details of cases against Unitech directors

The Supreme Court on Wednesday directed the Enforcement Directorate and Delhi Police to submit details of cases against directors of ailing Unitech Ltd to ensure speedy trial and said no inconvenience should be caused to the homebuyers.

A bench comprising justices JB Pardiwala and KV Viswanathan said law should take its own course but no further leeway should be given to the accused persons.

"Trial must commence and must not go for an indefinite period.

We will create a special court to hear these cases exclusively but no further delay should be caused," the bench remarked.

The top court posted the matter for hearing on September 30.

During the hearing, the court asked where the monies deposited by the homebuyers had gone.

"Where has the money gone? Has it travelled beyond the country? What is the role of the investigating agency? Law should be lucid.

Confusion created by law is benefitting the accused.

We have skillful agencies which can find where the money has gone," the bench

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