Amrapali Case

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.

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.

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.

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.

Top Court Orders Action Against Amrapali, Provides Relief To Homebuyers: 10 Points

Business | NDTV Profit Team | Tuesday July 23, 2019

All unfinished housing projects of real estate group Amrapali, which has been accused of fraud, will be taken over by state-run National Buildings Construction Corporation (NBCC), the Supreme Court said in a landmark judgement on Tuesday. The verdict brings big relief for more than 42,000 homebuyers who had sought possession of flats booked in Amra...

Supreme Court To Announce Verdict In Amrapali Case Today

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

The Supreme Court will pronounce verdict on Tuesday as to who would complete the stalled projects of embattled real estate major Amrapali Group to give respite to over 42,000 hassled home buyers.

Amrapali Case: Supreme Court Allows Delhi Police To Take Custody Of Anil Sharma, 2 Directors

Business | NDTV Profit Team | Thursday February 28, 2019

Now, the Delhi Police has been allowed to arrest and interrogate them in a separate case of cheating lodged with its EoW wing.

"How Does Office Boy Get 140 Crores To Buy Shares": Top Court To Amrapali

India News | Press Trust of India | Thursday February 14, 2019

The Supreme Court on Thursday grilled Amrapali Group CMD Anil Kumar Sharma for Rs 94 crore of homebuyers' money being shown in his bank account and also warned that it would send him to jail for his "reluctance" in disclosing the identity of a person who had bought company's shares worth Rs 140 crore from the multi-national firm JP Morgan.

NBCC To Submit Report On Stalled Amrapali Projects In Top Court Next Week: 10 Points

Business | NDTV Profit Team | Friday November 2, 2018

A detailed project report on the 16 stalled projects of real estate major Amrapali group will be submitted to the Supreme Court next week, National Buildings Construction Company (NBCC) said on Thursday. The matter relates to non-delivery of flats to around 42,000 homebuyers by the embattled Amrapali group. NBCC chairman and managing director Anoop...