Amrapali

Top Court Forms Committee For Speedy Auction Of Amrapali Properties

India News | Press Trust of India | Tuesday January 14, 2020

The Supreme Court on Monday formed a four-member committee, including two of its forensic auditors, for speedy disposal of assets in auction of the now defunct Amrapali Group to raise funds for several stalled projects.

JP Morgan Assets To Be Attached For Alleged Foreign Exchange Violation

India News | Press Trust of India | Monday January 13, 2020

The Supreme Court has told the Enforcement Directorate to attach Indian properties of JP Morgan, which engaged in a transaction with the now-defunct Amrapali Group to allegedly siphon off homebuyers' money in violation of the Foreign Exchange Management Act (FEMA) and foreign direct investment norms.

Top Court Asks Amrapali Home Buyers To Pay Outstanding Dues By January 31

Business | Press Trust of India | Monday December 2, 2019

A bench of Justices Arun Mishra and U U Lalit said that funds need to be channelised to complete the pending projects of Amrapali Group.

Attached Properties Of Amrapali Group To Be Auctioned, Says Supreme Court

Business | Press Trust of India | Tuesday October 15, 2019

The top court said that the funds collected through auction of properties will help in speedy completion of stalled projects.

Supreme Court Warns Amrapali Homebuyers On Payment Dues

Business | Press Trust of India | Wednesday September 11, 2019

The top court cleared the modalities by which the homebuyers can be put to notice for clearing outstanding amounts.

Amrapali Case: Supreme Court Orders Disbursement Of Rs 7 Crore To NBCC - 10 Points

Business | Reported by A Vaidyanathan, Edited by Sandeep Singh (with inputs from agencies) | Monday August 26, 2019

The Supreme Court on Monday directed disbursement of Rs 7.16 crore to state-run National Buildings Construction Corporation (NBCC) to complete two stalled projects of the embattled real estate group Amrapali, which has been accused of fraud. The sum was earlier deposited by the Amrapali group with the top court's registry. The two projects are in N...

Special Cell To Deal With Cases Of Amrapali Homebuyers Supreme Court Told

Business | Indo-Asian News Service | Tuesday August 13, 2019

On July 23, the top court cancelled the real estate company Amrapali Group's RERA's licence and appointed NBCC to complete all pending projects.

Nearly 1 Lakh Homebuyers In Legal Quagmire To Get Their Flats

India News | Indo-Asian News Service | Thursday August 1, 2019

Nearly 1 lakh homebuyers find themselves in a legal quagmire as the flats they booked years back in Delhi NCR are nowhere near completion by the three prominent builders - Amrapali, Unitech and Jaypee.

Another Cheating Case Against Amrapali Directors For Not Delivering Flat

India News | Indo-Asian News Service | Thursday August 1, 2019

The Economic offence Wing of the Delhi Police on Wednesday registered a case of cheating against directors of the Amrapali Group, said officials.

Delhi Court Sends 2 Officials Of Amrapali Group To 5-Day Police Custody

India News | Press Trust of India | Tuesday July 30, 2019

A Delhi court on Tuesday sent two officials of Amrapali Group to five-day police custody after the probe agency sought their custodial interrogation.

ICC Chief Shashank Manohar Got Contentious Payment From Amrapali

Indo-Asian News Service | Thursday July 25, 2019

The top court has ordered the Enforcement Directorate to investigate the issue of money laundering in the real estate group.

Amrapali Diverted Homebuyers' Money To Firm Linked To MS Dhoni: Auditors

Business | Press Trust of India | Thursday July 25, 2019

The forensic audit report said that Amrapali Sapphire Developers Pvt Ltd had paid Rs 6.52 crore to RSMPL during 2009-2015.

Home Buyers' Money Diverted To Rhiti Sports: Supreme Court

Indo-Asian News Service | Wednesday July 24, 2019

The Supreme Court observed that Amrapali home buyers' money has been diverted illegally and wrongly to Rhiti Sports Management Pvt Ltd.

JP Morgan, Banks Helped Amrapali Group Divert Funds: Supreme Court

Business | Upmanyu Trivedi, Bloomberg | Wednesday July 24, 2019

The court on Tuesday ordered the federal anti-money laundering agency to investigate Amrapali, based in Noida, for diverting funds overseas with the help of JPMorgan and others.

Probe Agency Files Money Laundering Case Against Amrapali Group, Promoters

India News | Press Trust of India | Tuesday July 23, 2019

The Enforcement Directorate has filed a criminal case of money laundering against embattled real estate major Amrapali Group and its promoters, who allegedly failed to give possession of flats to over 42,000 home buyers in Noida and Greater Noida, officials said on Tuesday.