New Delhi: A day after Norway’s Telenor- controlled Uninor put India telecom business on auction, real estate firm Unitech today approached the Company Law Board (CLB) seeking a stay on selling the business in which it owns a third of the stake.

Unitech in its application requested CLB to stay the auction in which Telenor may possibly be the only bidder. It also sought a restraint on any sale or transfer of Uninor’s business and assets.