This is to be done within a week after verifying authenticity of payments by flat buyers. "We direct authorised agents of Sanjay Chandra to hand over the 125 flats after scrutinising the documents to ensure entitlement of investors. Issue of occupancy certificate shall be considered later.If there is any outstanding payments which were to be made by the investors as per their agreement with the Unitech, these shall be made through demand drafts," the bench told Chandra's counsel Abhimanyu Bhandari If the relief for projects in Noida was unexpectedly swift, the court asked flat buyers in Anthea project of Unitech in Gurgaon whether they wanted their monies back or would be satisfied with allotment of flats. It was the FIRs registered by these flat buyers in Anthea project which led to the arrest of Chandra.The court has till now, including the Friday's directive, asked Unitech to deposit Rs 20 crore. The bench decided to utilise the money for refund to those investors who wanted their funds back.Asking the counsel for the investors and Unitech to sit with the Supreme Court registry to devise a pro-rata refund mechanism, the court directed that Rs 20 crore be used for such refund.Bhandari repeatedly stressed Chandra wanted to settle all pending disputes with flat and plot buyers in Unitech projects but insisted that his client needs to be out of jail on interim bail to deliver.The court posted the matter for further hearing on September 8 and assured Bhandari that it would consider granting Chandra interim bail provided the two conditions were met - deposit of Rs 5 crore and giving possession of 125 flats to persons in three projects Vistas, Amber and Burgundy.
Source: Times of India September 01, 2017 19:30 UTC