#RealtyNewsRoundup: SC To Hear Unitech Plea On Dec 13
The Supreme Court on December 12 said the National Company Law Tribunal (NCLT) should have taken its leave before allowing the Centre to take over the management of embattled realty company Unitech Limited. The apex court took note of the submissions of advocate Mukul Rohatgi who was appearing for the company that the tribunal passed an interim order without hearing the company and its directors who were in jail. The SC has now posted the appeal of Unitech for hearing on December 13.
The Karnataka Cabinet has given its approval to a Rs 5,950-crore project for providing Metro rail connectivity to the international airport on the city outskirts. The 29.62-kilometre Metro project that will connect Nagavara with the Kempegowda International airport will have seven stations, and is expected to be completed by 2021. On completion, the project would benefit 1.2 lakh people.
The Jammu-Srinagar National Highway and the Mughal Road were closed for traffic for the consecutive day on December 12 due to continuous snowfall and rains. The nearly 300-kilometre highway, the only all-weather road linking Kashmir with the country, was closed as a precautionary measure in view of heavy rainfall at Banihal, Ramban and Patnitop, and snowfall on both sides of the Jawahar Tunnel. Flight operations at the Srinagar airport were also suspended.
The National Green Tribunal (NGT) has said that no ready-mix plants will be permitted to operate at construction sites in Noida without its specific approval. A Bench, headed by NGT Chairperson Justice Swatanter Kumar, asked the Uttar Pradesh Pollution Control Board (UPPCB) to strictly ensure that there is no dust emission due to the operation of these plants.
Source: Media reports