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
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
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
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
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
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
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
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
The Supreme Court, on May 10, 2018, found that the embattled real estate firm Amrapali Group, in its affidavit filed before it, had said that Rs 2,766 crores were diverted to two other companies. … READ FULL STORY
The Supreme Court, on April 25, 2018, asked Noida-based Galaxy Group, which is willing to complete three projects of the Amrapali Group, to furnish its financial standing, its track record and an undertaking for … READ FULL STORY
In a bid to ascertain whether there was any ‘siphoning’ of funds, the Supreme Court, on April 11, 2018, asked real estate major Amrapali Group, to provide details of the money it had collected … READ FULL STORY
The Supreme Court, on March 15, 2018, directed that a meeting of the representatives of Amrapali Group and its home buyers be held at the Supreme Court’s consultation room, on March 17, 2018. A … READ FULL STORY
The Supreme Court, on October 13, 2017, restrained the directors of real estate major Amrapali Group, from leaving the country without its permission. A bench headed by chief justice Dipak Misra issued notice to … READ FULL STORY
