The Supreme Court warned the homebuyers of now defunct Amrapali Group on Wednesday that their unwillingness to pay the outstanding dues may lead to winding up of the stalled projects due to financial crunch.
The body also demanded a time-bound probe in various alleged irregularities in projects under areas of Noida Authority, Greater Noida Authority and Yamuna Expressway Authority during last 20 years.
Good news for Amrapali homebuyers! Supreme Court has directed Noida and Greater Noida authorities to begin flat registration of Amrapali homebuyers immediately.
Police said the complainant had booked a flat after completing all requisite formalities, including the execution of builder-buyer agreement, but the company has failed to fulfil its commitment till date.
The Economic Offences Wing (EOW) of Delhi Police has arrested two officials of Amrapali Group for creating a large number of bogus companies, the police said on Tuesday. The arrested persons have been identified as Chander Prakash Wadhwa, chief financial officer (CFO) and Anil Mittal, statutory auditor of the Amrapali group of companies. Both were arrested from Delhi on Monday.
As the Supreme Court passed a landmark judgement in the Amrapali case and ordered the Enforcement Directorate (ED) to register a money laundering case against the group's officials for fraud, the top court's latest hearing opened a can of worms in the realty firm's operations.
Amrapali Group enetered into several "sham agreements" with Dhoni-linked Rhiti Sports Management Limited. In one such agreement, it was stated that Mahendra Singh Dhoni would make himself available to chairman of the Amrapali group for three days, forensic auditors have told Supreme Court
Anil Kumar Sharma, CMD of Amrapali Group of Companies had paid Rs 36 lakh to ICC Chairman Shashank Manohar, the Supreme Court has said in its judgement. The name of Shashank Manohar features twice in the judgement - first on the list of receivers of diverted funds and second on a table containing details of particulars of payments made by Amrapali Group CMD Anil Kumar Sharma, prepared by forensic auditors.
The Supreme Court has observed that Amrapali home buyers' money has been diverted illegally and wrongly to Rhiti Sports Management Pvt Ltd, a company promoted by cricketer Mahendra Singh Dhoni.
A bench of Justices Arun Mishra and U U Lalit also cancelled the leases of Amrapali's properties granted by the Noida and Greater Noida authorities and directed the Enforcement Directorate to investigate alleged money laundering by CMD Anil Sharma and other directors and senior officials of the group.
The Supreme Court on Wednesday said that it may give ownership rights of all the 15 prime residential properties of embattled Amrapali Group to Noida and Greater Noida Authorities as it has failed to fulfil its obligations towards 42,000 hassled home buyers.
Forensic audit report revealed that top officials of realty firm Amrapali Group diverted around Rs 3,500 crore for their personal use.
Pawan Singh and Nidhi Jha dropped another track Fas Jaogi Jaan from the Bhojpuri film Crack Fighter.
Bhojpuri stars Dinesh Lal Yadav and Amrapali Dubey have set YouTube on fire with their latest film Nirahua Hindustani 3.
Fans can’t seem to get enough of Amrapali Dubey and Dinesh Lal Yadav’s chemistry in the latest Bhojpuri song Saawan Me Hariyar Bhayil.
The Supreme Court on Thursday allowed Delhi police to arrest and interrogate in custody Amrapali group CMD Anil Sharma and two directors on a complaint that home buyers of their various housing projects were cheated and duped of their funds.
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.
On the occasion of Amrapali Dubey’s birthday, here are some of her beautiful pictures that will leave you stunned.
The court also pulled up the Group for filling 3000-4000-page affidavit with no requisite information and warned that directors may be sent behind bars for not disclosing the details sought by the court.
A bench of Justices U U Lalit and D Y Chandrachud asked the two forensic auditors Ravi Bhatia and Pawan Kumar Aggarwal complete the task of auditing the balance sheet and affairs of 46 Amrapali group companies in next ten weeks time.
Top News
