Amrapali Group

Amrapali Group News

Amrapali Case: Unfinished business

A foray into the real estate business with a modest 140 flats, a swift rise to becoming the industry frontrunner, and a swift fall that left 46,000 home buyers in the lurch — Amrapali’s fortunes have seen quite the turnaround. The Indian Express reports on the troubled group and the man behind it

Supreme Court orders attachment of Amrapali properties

They have time till November 20 to respond.


'Amrapali CFO gets Rs 50,000 per month, company clears Rs 2 crore as his income tax': Forensic auditors to SC

Wadhwa chose to remain silent when he was quizzed by forensic auditors appointed by the court, saying he has lost his memory.

Amrapali diverted home buyers’ money, apex court told

Taking note, the SC bench quizzed the real estate group’s Chief Financial Officer (CFO) and internal auditors, and ordered that the company's CMD and two directors would continue to remain under police surveillance at a hotel in Noida.

Three Amrapali directors to stay at hotel under surveillance: SC

The directors were kept in police custody since Tuesday, for failing to hand over the account books of the companies to the forensic auditors.

Supreme Court issues contempt notice against three directors of Amrapali group

The Supreme Court said the sealed properties of the Amrapali group in Noida and Greater Noida will be open from 8 am to 6 pm for cataloguing of documents for the next 15 days.


SC directs Amrapali group to file undertaking of sealed properties by 2 pm today

The Amrapali group is facing lawsuits by homebuyers, where documents related to the accounts of its 46 companies are admittedly stored.

Supreme Court orders sealing of 9 Amrapali properties

The apex court was angry that they had not complied with its earlier order to hand over the documents.

Supreme Court orders nine properties of Amrapali Group to be sealed

A bench of Justice Arun Mishra and Justice U U Lalit ordered the sealing of Amrapali properties in Noida, Greater Noida, Rajgir and Buxar in Bihar and asked the keys to be handed over to the SC registrar.

Three Amrapali directors in custody of police till papers are seized

The court also clarified that the said order did not deal with any criminal case and that the police was free to carry on its investigation