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India invokes rarely-used measure to gain control of embattled developer Unitech Ltd
Government's petition hinges on allegations of fund diversion adversely affecting public interest
Published Fri, Dec 8, 2017 · 09:50 PM
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New Delhi
INDIA'S bankruptcy court allowed the government to appoint new management for real estate giant Unitech Ltd in a rare move, as the corporate affairs ministry sought to take control of the embattled company.
The National C…
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