Amrapali Group

Amrapali Group News

Auction attached Amrapali properties: Supreme Court

Senior Advocate R Venkitaramani, who had been appointed receiver by the court, had suggested that it would be better to auction the properties.  To which, the bench said this will help speed up the completion of the lagging projects.

Amrapali’s forensic audit report must be given to ED, police: Supreme Court

The court also directed that Rs 7.16 crore out of the amount deposited by the Amrapali group in its Registry be given to the National Buildings Construction Corporation (NBCC), which has been entrusted with completing the group’s unfinished projects.

Advertising

Amrapali case: Give forensic audit report to ED, police, ICAI, orders SC

It also ordered disbursement of Rs 7.16 crore to National Buildings Construction Corporation (NBCC) for completion of stalled projects under Amrapali group of companies.

Amrapali Group — With 42,000 incomplete flats, Rs 19 cr in account, NBCC has task cut out

Officials at NBCC talk about how they may have bitten off more than the public sector enterprise can chew.

The Facade: Real estate crisis in Noida, Greater Noida

Defaulting builders and desperate homebuyers — an all-too-familiar script in Noida and Greater Noida could see a twist after a Supreme Court intervention. The Indian Express look for its echoes on the ground

Delhi: Amrapali’s two top officers arrested in ‘fraud’ case

The FIR, filed on the basis of a homebuyer’s complaint, alleged that the company “looted hard-earned money” and delayed possession of the flat even after six years.

Advertising

Delhi court sends two officials of Amrapali Group to 5-day police custody

The court sent Amrapali Group's chief financial officer Chander Wadhwa and statutory auditor Anil Mittal to police custody after the Economic Offence Wing (EoW) of Delhi Police claimed they were instrumental in creating a large number of bogus companies.

Explained: Sakshi Dhoni's links with Amrapali, the company under investigation for fraud

On Tuesday, the Supreme Court cancelled the registration of the Amrapali Group under the Real Estate Regulatory Authority (RERA). The court also cancelled the lease granted to the company by Noida and Greater Noida authorities for its properties.

MS Dhoni’s wife Sakshi was a director with 25% stake in Amrapali Group firm

Dhoni’s wife Sakshi Singh Dhoni was a director and a 25 per cent shareholder in a group company called Amrapali Mahi Developers Pvt Ltd, where Amrapali Group CMD Anil Kumar Sharma held the remaining 75 per cent stake.

Explained: SC cancels Amrapali Group's registration; what next?

The Amrapali Group has been accused of raising funds from investors for housing projects, but failing to complete and deliver the same. Homebuyers had moved the Supreme Court in 2017 seeking possession of their homes and compensation for the delay in delivery.

Advertising