Amrapali Group

JP Morgan's Rs 187 Crore-Assets Attached, Firm Denies Wrongdoing In Top Court

India News | Press Trust of India | Thursday May 28, 2020

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.

JPMorgan Chase's Assets May Be Seized In Case Linked To Amrapali Group

Business | Upmanyu Trivedi, Bloomberg | Monday May 25, 2020

The Enforcement Directorate said it had preliminary evidence that units of JPMorgan Chase & Co. were involved in crimes generating Rs 187 crore.

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.