Tuesday, Jan 31, 2023



Consortium of PSU banks agrees to infuse funds for completion of stalled Amrapali projects: SC told

November 13, 2021 9:06 pm

On the occasion of Diwali, 150 flats completed by National Buildings Construction Corporation (NBCC) in a stalled project of Amrapali were given to the homebuyers in a small ceremony organised with the help of court receiver.

SC asks Amrapali home buyers to clear their dues, warns failure may result in cancellation of flats

September 03, 2021 11:17 pm

A special bench of Justice U U Lalit and Ajay Rastogi observed that the home buyers are under the impression that the court is facilitating construction of their stalled flats and managing funds and they are at a convenience to pay their dues, whenever they like.

Delhi court denies bail to Amrapali group director in multi-crore scam case

July 24, 2021 9:20 am

Additional Sessions Judge Surabhi Sharma Vats dismissed the bail plea of Ajay Kumar observing that the chances of the accused threatening the victim cannot be ruled out as huge money/stake was involved in the case.

After Amrapali, Unitech: NBCC may take over stalled Jaypee projects

September 06, 2019 7:50 am

Appearing for the Centre, Additional Solicitor General Madhvi Divan said the Finance Ministry will assist the Corporation in coming up with the revised proposal.

Don't have resources, expertise to construct stalled projects of Amrapali: Noida, Gr Noida tells SC

May 10, 2019 8:49 pm

They also said that they could not take any action like cancellation of lease agreements against the group which regularly defaulted on payments due to "bulk of homebuyers" and "political weight".

Will throw you out; transfer ownership rights of properties "lock, stock and barrel": SC warns Amrapali

May 08, 2019 10:35 pm

The court further said it will ensure that banks do not enter the premises of these properties and home buyers get the first charge on the properties.

SC gives permission to NBCC to start work on stalled Amrapali housing projects

January 25, 2019 3:35 pm

With this, the almost decade-long wait for thousands of homebuyers to get possession of flats in the stalled housing projects seems to be nearing an end. The NBCC has committed to start work from February 8 and deliver 2,643 flats in a year.

Amrapali flats booked for meagre sum of Re 1 per sq ft: Auditors to SC

January 16, 2019 9:22 pm

The audit found that 23 companies were floated in the name of office boys, peons and drivers and these firms were part of Amrapali consortium and were made fronts to divert home buyers' money.

Amrapali case: Supreme Court orders attachment of group's hotel, FMCG firm

December 05, 2018 7:14 pm

In an interim direction, the apex court ordered the attachment of Amrapali's five-star hotel, FMCG company, corporate office and malls.

Supreme Court asks Amrapali for comprehensive plan on delayed projects

January 31, 2018 7:48 pm

The Supreme Court bench said it will consider all aspects once the comprehensive proposal is submitted by the company and directed the Amrapali Group to install fire safety equipments at Silicon City project in four weeks.