National
List your unencumbered properties: SC to Unitech
New Delhi, March 5 (IANS) The Supreme Court on Monday asked Unitech to file a list of its unencumbered properties including that of its subsidiaries — both in India and abroad — as it again did not say anything on the bail plea by the real estate major’s Managing Director Sanjay Chandra.
“… the competent authority of the Unitech Limited shall file an affidavit mentioning the details of its properties and its subsidiaries, situate in India as well as outside, which are free from encumbrances,” the court said.
A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud added: “If the affidavit is not true, proceedings shall be initiated under Section 340 of the CrPC.”
Under the section, the court can record a complaint on the veracity of the documents produced before it.
Meanwhile, the court asked the Pioneer Urban Land and Infrastructure Ltd. to deposit Rs 40 crore — Rs 30 crore by March 30 and remaining by April 5.
The firm, which is a partner of Unitech, moved the court against the execution proceedings going on against the applicants before the National Consumer Disputes Redressal Commission.
The court said the execution proceedings “shall be stayed, subject to the applicants (Pioneer Urban Land and Infrastructure Ltd) depositing Rs 40 crore before the Registry of this Court”.
The money “shall be distributed amongst the home buyers who have claimed refund in respect of the concerned project before the National Commission”, it said.
The court said counsel Nikhil Nayyar, appearing for those who have approached the National Commission seeking relief, would provide their list to amicus curiae Pawanshree Agarwal so that he could tally them with the names in his portal.
The Pioneer Urban Land and Infrastructure Ltd had pooled its land with that of Unitech and they were jointly executing project on the polled land, the court was told.
The court clarified: “We may clarify that the proceedings shall remain stayed where there is collaboration of the applicants (Pioneer Urban Land and Infrastructure) with Unitech Limited.
“The other proceedings against the applicants (Pioneer Urban Land and Infrastructure), barring which is not covered by the collaboration agreement, shall continue.”
The court also asked the Managing Director of JM Financial Asset Restructuring Company Ltd, along with a competent officer, to be personally present in the court March 12 — the next date of hearing — “to answer the questions put by the court”.
It ordered this after senior counsel Mukul Rohatgi told the bench that the assets restructurings company was willing to finance Unitech’s housing projects.
The counsel for the JM Financial Asset Restructuring Company pleaded ignorance about his client willing to invest in the embattled company’s housing project as being said by Rohatgi.
–IANS
pk/him/dg
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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