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.
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.
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.
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.
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".
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.
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.
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.
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.
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.