SC raps Unitech for not cooperating with auditors; warns of contempt

SC also allowed the release of Rs 40 crore to Justice Dhingra committee for completion of some pending work

The Supreme Court on Friday pulled up Unitech Limited for not cooperating with the forensic auditors it had appointed and warned the company of initiating contempt proceedings for obstructing judicial work. It has asked the company to provide all data, as requisitioned by the auditors, within two weeks from today.

The observations by the court came after auditors from Grant Thornton told the court that although they had been provided with about 45% of financial and operational data until now, Unitech had expressed inability to provide data for the forensic imaging of all electronic equipment since the company said it