Supreme Court orders sealing of 9 Amrapali properties in UP, Bihar

Written by PaperDabba
Image Source : FILE PHOTO

The Supreme Court has already sent three directors of Amrapali Group in police custody. (File Photo)

Amrapali Group, the embattled real estate company, received another jolt on Wednesday as the Supreme Court ordered sealing of nine of its properties.

During a hearing in the top court, the three directors of the company said all documents relating to 46 group companies are stacked at various premises across Uttar Pradesh and Bihar.

Related Stories

The Supreme Court then asked the concerned authorities to seal Amrapali’s properties in Noida, Greater Noida and Rajgir, Buxar in Bihar.

Three directors of Amrapali Group were on Tuesday ordered to be taken into police custody by the Supreme Court which castigated the company for playing ‘hide and seek’ with the court and not complying with its orders to hand over all the documents to the forensic auditors.

A bench comprising Justices Arun Mishra and U U Lalit said the directors – Anil Kumar Sharma, Shiv Priya and Ajay Kumar – who were present in the court, would remain in police custody till they hand over all the documents of the group’s 46 firms.

“What is this happening? Why this hide and seek and blatant violation of the orders of this court?,” the bench told the counsel appearing for the group and added, “You are playing with the dignity of this court”.

The two auditors – Ravi Bhatia and Pawan Kumar Aggarwal – appointed by the court to conduct forensic audit of Amrapali Group, said they have not yet received all the documents. The bench termed it as “gross violation” of the court’s order. 

The court was hearing a batch of petitions filed by home buyers who are seeking possession of around 42,000 flats.

(With inputs from agencies)


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.