Amrapali

The Supreme Court on Wednesday refused to grant bail to former Chief Financial Officer (CFO) Chander Prakash Wadhwa of Amrapali Group on medical ground and directed the trial court for framing of charges, if any, against him.

The Supreme Court on Monday directed the Bank of Baroda-led consortium of seven banks to effectuate disbursal of Rs 1,500 crore by Tuesday for the construction of stalled real estate projects of Amrapali Group.

The Supreme Court on Monday said its number one priority is to ensure that every Amrapali homebuyer gets a flat.

In a significant development, the Supreme Court Monday refused to order transfer and clubbing of over 80 criminal cases lodged by home buyers against directors and other officials of Amrapali group firms, saying it would not "queer the pitch"

In a first glimmer of hope for hassled Amrapali home buyers, around 150 flats completed by NBCC in a stalled project since the real estate company ran into trouble will be given to them on the occasion of Diwali, the Supreme Court was informed

The Supreme Court on Tuesday extended the medical bail by eight weeks of the former statutory auditor of Amrapali Group of companies and directed for constitution of the medical board at AIIMS for his examination

Homebuyers who want their flats completed in stalled projects of the troubled Amrapali Group projects in Noida and Greater Noida must pay their dues, or else their allotment could be cancelled, the Supreme Court said on Friday.

The Supreme Court has initiated the process to cancel the bookings of over 9,500 Amrapali project flats, which are unclaimed or booked in the name of fictitious persons or are benami property, to fund stalled projects.

The CBI has filed an FIR against Amrapali Biotech and its directors over alleged fraud to the tune of Rs 47.97 crore in Punjab National Bank, officials said today.

The top court asked the Centre to consider as a special case and provide the remaining money for construction of other stalled projects from the stress funds created for the real estate sector.

Twenty Enforcement Directorate (ED) officers posted in Lucknow have tested negative for coronavirus after their samples were collected in the wake of an arrested accused in the Amrapali money laundering case being infected with the disease, officials said on Wednesday.

A special Enforcement Directorate (ED) court on Tuesday sent the auditor of Amrapali Group of Companies Anil Mittal to seven days' custody for inquiry.

In a relief for thousands of home-buyers stuck with incomplete projects of embattled realty developer Amrapali Group, the Supreme Court on Wednesday directed banks and other financial institutions to restructure loans declared as non-performing assets. The top court said the lenders will have to release the amount to home-buyers as per Reserve Bank...

The Supreme Court today directed multi-national firm JP Morgan to deposit ₹140 crore, which was Amrapali Group home buyers' money and allegedly siphoned off in contravention to the norms as per the forensic auditors report and last year's order in the case.

The Enforcement Directorate on Wednesday informed the Supreme Court that it has attached the assets worth Rs 187 crore of multi-national firm JP Morgan alleged to have been involved in syphoning of Amrapali Group home buyers money.

The Supreme Court on Wednesday refused to grant bail to former Chief Financial Officer (CFO) Chander Prakash Wadhwa of Amrapali Group on medical ground and directed the trial court for framing of charges, if any, against him.

The Supreme Court on Monday directed the Bank of Baroda-led consortium of seven banks to effectuate disbursal of Rs 1,500 crore by Tuesday for the construction of stalled real estate projects of Amrapali Group.

The Supreme Court on Monday said its number one priority is to ensure that every Amrapali homebuyer gets a flat.

In a significant development, the Supreme Court Monday refused to order transfer and clubbing of over 80 criminal cases lodged by home buyers against directors and other officials of Amrapali group firms, saying it would not "queer the pitch"

In a first glimmer of hope for hassled Amrapali home buyers, around 150 flats completed by NBCC in a stalled project since the real estate company ran into trouble will be given to them on the occasion of Diwali, the Supreme Court was informed

The Supreme Court on Tuesday extended the medical bail by eight weeks of the former statutory auditor of Amrapali Group of companies and directed for constitution of the medical board at AIIMS for his examination

Homebuyers who want their flats completed in stalled projects of the troubled Amrapali Group projects in Noida and Greater Noida must pay their dues, or else their allotment could be cancelled, the Supreme Court said on Friday.

The Supreme Court has initiated the process to cancel the bookings of over 9,500 Amrapali project flats, which are unclaimed or booked in the name of fictitious persons or are benami property, to fund stalled projects.

The CBI has filed an FIR against Amrapali Biotech and its directors over alleged fraud to the tune of Rs 47.97 crore in Punjab National Bank, officials said today.

The top court asked the Centre to consider as a special case and provide the remaining money for construction of other stalled projects from the stress funds created for the real estate sector.

Twenty Enforcement Directorate (ED) officers posted in Lucknow have tested negative for coronavirus after their samples were collected in the wake of an arrested accused in the Amrapali money laundering case being infected with the disease, officials said on Wednesday.

A special Enforcement Directorate (ED) court on Tuesday sent the auditor of Amrapali Group of Companies Anil Mittal to seven days' custody for inquiry.

In a relief for thousands of home-buyers stuck with incomplete projects of embattled realty developer Amrapali Group, the Supreme Court on Wednesday directed banks and other financial institutions to restructure loans declared as non-performing assets. The top court said the lenders will have to release the amount to home-buyers as per Reserve Bank...

The Supreme Court today directed multi-national firm JP Morgan to deposit ₹140 crore, which was Amrapali Group home buyers' money and allegedly siphoned off in contravention to the norms as per the forensic auditors report and last year's order in the case.

The Enforcement Directorate on Wednesday informed the Supreme Court that it has attached the assets worth Rs 187 crore of multi-national firm JP Morgan alleged to have been involved in syphoning of Amrapali Group home buyers money.