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Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SC New Delhi: Insolvency tribunal NCLT has directed Entertainment City to register a 4.26 per cent equity transfer to Bhutani Infra Group entity Parmesh Construction Company, dismissing opposition by JV partner Unitech Holding over alleged shareholder agreement violation. Parmesh Construction Company Ltd (PCCL) had acquired 3.70 per cent and 0.56 per cent stake from minority investors IIRF Holdings V Ltd and Vistra ITCL (India) Ltd, respectively.
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NCLT clears Bhutani Infra's Entertainment City stake buy over Unitech objections - The Economic Times
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