New Delhi: Homebuyers who have now not acquired shipping of houses or refunds in their bills from the Unitech Group have written to the ministry of company affairs in search of the elimination of promoter directors from the agency’s board for violations of provisions of the Companies Act.
The homebuyers have already filed a movement in Supreme Court for alternative of the Unitech board with authorities nominees. The realtor has failed to hand over greater than 14,000 residences to homebuyers after taking deposits of about Rs 6,seven hundred crore, in line with a record filed by means of an amicus curae in Supreme Court.
The letter reviewed through ET said that fixed deposits that fell due in March 2015 had no longer been paid even after an extension of 12 months granted with the aid of the financial disaster appellate tribunal.
The letter stated that this meant that Unitech founder and chairman Ramesh Chandra and dealing with administrators Ajay and Sanjay Chandra had ceased to be directors underneath the Companies Act, despite the fact that they stay pondered as directors on the internet site of the Registrar of Companies.
“All these defaulting directors are in prison and it’s miles in the interest of the public that this factor is taken word of by using the Registrar of Companies and their names should be struck off from the listing of administrators” the homebuyers stated within the letter.
They stated that the failure of Unitech to call an annual general assembly due to the fact 2017-18 is also towards the Companies Act.
“A new management appointed with the aid of the Centre can be in a miles better function to find a way to the disaster, both with the aid of locating an investor or by means of selling under-construction initiatives or by using appointment of NBCC in viable initiatives,” stated a homebuyer who spoke to ET on situation of anonymity. The Unitech Group did no longer reply to emailed requests for remark.
