Unitech independent director resigns
Crisis-hit Unitech Ltd Tuesday said that Kali Charan Agarwal, an aditional Non-executive Independent Director has resigned from the company.
In a filing to the BSE, the Gurgaon-based developer said that Agarwal tendered his resignation yesterday.
The company has taken into effect the resignation letter from September 10th, it added.
Debt-ridden Unitech is facing a huge crisis as the company has failed to deliver its housing projects on time, forcing home buyers to protest on streets and on sites as well as file court cases.
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