SME Times News Bureau | 15 Jan, 2016
A court here on Thursday settled a cheating case against Unitech
officials after the complainants said they have received payment and did
not want to pursue the matter further.
Additional Chief
Metropolitan Magistrate Gaurav Rao observed that the complainants
settled the matter with Unitech officials in the Lok Adalat and
acquitted the accused -- Unitech chairman Ramesh Chandra, managing
directors Sanjay Chandra and Ajay Chandra and group director Minoti
Bahri.
A complaint was filed by chartered accountant Sanjay Kalra
and his business partner Deepak Wadhwa, claiming that they had booked a
property in Habitat Apartments in Greater Noida developed by Unitech
but they were not given possession.
Despite the court's earlier order, Unitech did not refund them the complete payment, they said in the complaint.
A
magistrate's court here on January 11 sent the Unitech chairman, the
two managing directors and the director to 14 days' judicial custody in
the alleged cheating cases filed by the two investors but the sessions
court later granted them interim bail.
Wadhwa on Thursday told
the court that he has received the payment and has no personal grievance
against them. He also said he does not want to pursue the matter
further.
