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Tag: Amrapali Group

Home ยป Amrapali Group

Current News
By Sunita MishraMay 29, 2023

Amrapali Supreme Court case: All latest updates

SC to set up new bench to hear buyer grievances The Supreme Court will constitute a fresh bench to hear the plea of Amrapali Group homebuyers. The November 14, 2022, decision by the apex … READ FULL STORY

Must Knows
By Balwant JainOctober 21, 2019

What the Supreme Court’s decision in the Amrapali case, means for home buyers in stalled projects

The Supreme Court delivered a historical decision, on July 23, 2019, in the case of Amrapali Group of Companies, which has wider ramifications for home buyers across the country. Let us discuss the decision … READ FULL STORY

Locality Trends
By Surbhi GuptaDecember 7, 2020

Ghaziabad: An end-user-driven housing market in the NCR

From being a densely-packed suburban city in the National Capital Region (NCR), Ghaziabad has come a long way, aided by infrastructure development and improving connectivity. Besides the metro rail network, the Eastern Peripheral Expressway … READ FULL STORY

Current News
By PTIApril 11, 2019

ATS to complete 3 stuck projects of Logix Group in Noida, and deliver 4,500 flats

The ATS Group, which has forayed into the project management consultancy (PMC) business, said that it has bagged three stalled projects – Logix Blossom Greens, Logix Blossom County and Logix Blossom Zest in Noida, … READ FULL STORY

Current News
By PTINovember 3, 2018

Forensic auditors find a web of 200-250 firms, where Amrapali diverted funds

The Supreme Court, on October 31, 2018, directed the Amrapali Group to disclose the names of all the companies, with which it had any kind of transactions, after forensic auditors pointed out that there … READ FULL STORY

Current News
By PTIOctober 25, 2018

Amrapali Group has played a ‘big fraud’, racket has to be unearthed, says SC

A Supreme Court bench of justices Arun Mishra and UU Lalit was told by the forensic auditors that from the documents of Amrapali Group, it appeared that over Rs 100 crores was diverted to … READ FULL STORY

Current News
By PTIOctober 9, 2018

SC sends three directors of Amrapali Group to police custody

The Supreme Court, on October 9, 2018, sent three directors of the Amrapali Group to police custody, directing them to hand over all the documents of the 46 group companies to forensic auditors. A … READ FULL STORY

Current News
By PTISeptember 7, 2018

SC allows Corporation Bank to move the NCLT, for claims against Amrapali Group

The Supreme Court, on September 6, 2018, allowed the Corporation Bank, which has led a consortium of banks to lend loans to the Amrapali Group, to move the National Company Law Tribunal (NCLT). A … READ FULL STORY

Current News
By PTISeptember 5, 2018

SC assures NBCC of funds to complete 46,575 flats of Amrapali Group, favours forensic audit

Coming down heavily on the Amrapali Group, the Supreme Court, on September 4, 2018, observed that it appears that a ‘big scandal is taking place in the name of real estate business’ and termed … READ FULL STORY

Current News
By PTIAugust 9, 2018

Don’t play smart, or we will make you homeless: SC to Amrapali Group directors

Do not play smart, or we will render you homeless. This was the Supreme Court’s categorical warning to real estate major Amrapali Group, which is accused of delaying its projects to the detriment of … READ FULL STORY

Current News
By PTIAugust 3, 2018

Ready to undertake projects of embattled Amrapali Group: NBCC to SC

A day after it rapped the Amrapali Group, for failing to comply with its order, a Supreme Court bench of justices Arun Mishra and UU Lalit, on August 2, 2018, asked the National Buildings … READ FULL STORY

Current News
By PTIAugust 1, 2018

SC orders attachment of bank accounts, movable properties of Amrapali Group

A Supreme Court bench of justices Arun Mishra and UU Lalit, on August 1, 2018, directed the Amrapali Group of companies to place before it, details of all its bank accounts from 2008 till … READ FULL STORY

Current News
By PTIMay 18, 2018

SC gives 12 stalled projects of Amrapali to three co-developers

In a major relief to over 42,000 home buyers, the Supreme Court, on May 17, 2018, allowed three co-developers to complete the 12 stalled projects of Amrapali Group, in the next six to 48 … READ FULL STORY

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