Follow Us:
Tuesday, February 18, 2020

Deposit Rs 200 crores taken as loan and advances by March 31: SC to Amrapali

Earlier this week, the Economic Offences Wing of Delhi Police has registered a case against Amrapali Dream Valley Private Limited and two directors for allegedly cheating their buyers.

Published: February 14, 2019 8:25:26 pm
union budget, budget explained, budget key points, piyush goyal budget, budget key highlights, budget tax slab, real estate market, home loan, affordable housing, GST rate on houses, Amrapali real estate, budget key points, indian express The Amrapali Dream Valley project in Noida construction work has been stalled.  (Express photo by Gajendra Yadav)

The Supreme Court Thursday asked Amrapali Group to deposit Rs 200 crores, which were taken by the group on account of loans and advances, by March 31, reported news agency ANI. The matter has been scheduled for further hearing on February 28.

Earlier this week, the Economic Offences Wing of Delhi Police has registered a case against Amrapali Dream Valley Private Limited and two directors for allegedly cheating their buyers.

Police said they registered a case on February 8 against the company and its two directors, Anil Kumar Sharma and Amresh Kumar. “The complainants are allottees of the apartments in the project of the accused persons, namely Amrapali Enchante in the Noida Extension region. The accused were charged under IPC sections 406, 420 and 120B,” a police officer said.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Business News, download Indian Express App.

Advertisement
Advertisement
Advertisement
Advertisement