Amrapali group directors, others arrested in 14 old cases
NEW DELHI: The Delhi Police’s Economic Offence Wing has arrested the Amrapali group’s Directors Anil Kumar Sharma and Shiv Priya, along with others, in 14 cases registered against them. In a case registered in 2019 at EOW, the complainant alleged that Amrapali Centurian Park Pvt Ltd, a company of Amrapali Group, had launched its project […]
Release stalled loans to Amrapali Group homebuyers: Supreme Court tells banks
NEW DELHI: Coming to the rescue of thousands of hassled home buyers of Amrapali who saw loans being stalled by banks after the realty group ran into trouble, the Supreme Court on Wednesday directed all financial institutions to disburse their balance funds and restructure the amounts. The top court said that since the projects of […]
Special cell to deal with cases of Amrapali homebuyers
NEW DELHI: The Noida and Greater Noida authorities on Tuesday told the Supreme Court that they have created a special cell to ease out problems of the Amrapali homebuyers. The authorities told a bench headed by Justice Arun Mishra that they have created the cell to deal with cases of the homebuyers and officials had […]
Police book Amrapali group directors in cheating case
NEW DELHI: The Economic offence Wing of Delhi Police on Wednesday registered a case of cheating against directors of the Amrapali Group, said officials. The case was registered on the complaint of one Anurag Sahay, who had booked a flat with Amrapali group but was not delivered the same within the promised deadline, said police. […]
Amrapali Group entered into “sham agreements” with firm linked to M S Dhoni: Auditors to Supreme Court
NEW DELHI: Amrapali Group had entered into “sham agreements” with Rhiti Sports Management Pvt Ltd (RSMPL), which promotes brand of Indian cricketer Mahendra Singh Dhoni, to “illegally divert” home buyers money, the court appointed forensic auditors have told the Supreme Court. The forensic audit report accepted by the top court on Tuesday said that Amrapali […]
Supreme Court cancels registration, lease of Amrapali group
NEW DELHI: The Supreme Court on Tuesday cancelled the registration of the embattled Amrapali group under the Real Estate Regulatory Authority (RERA) and the lease of its properties granted by Noida and Greater Noida authorities. A bench of Justices Arun Mishra and U U Lalit appointed the National Buildings Construction Corporation (NBCC) to complete all […]
The writing is very clear on the wall, Supreme Court of India warns Amrapali Group
NEW DELHI: The “writing is very clear on the wall”, the Supreme Court warned real estate firm Amrapali Group on Tuesday over its repeated non-compliance and “hood-winking” of the court’s order. The top court asked the realty firm to reveal by December 3 the details of all its properties in the name of directors, their […]
Supreme Court of India appoints NBCC to construct stalled projects of Amrapali Group
NEW DELHI: The Supreme Court of India on Wednesday appointed state-run NBCC to develop the stalled projects of the Amrapali Group and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the real estate firm. The top court directed the opening of an escrow account in the apex court in which the […]