Supreme Court’s strong verdict: order to seize Amrapali properties


New Delhi, Patra For deliberate defiance of Supreme Court orders, the apex court has taken a tough stand against the real estate company Amrapali Group. The Supreme Court on Tuesday ordered the company’s multi-specialty hospital, bank accounts, Anonymous villa of Goa and the seizure of the building in which there are offices of this company and some other firms.

The harsh attitude adopted to ignore orders deliberately

A bench of Justice Arun Mishra and Justice UU Lalit said that the Amrapali Group deliberately did not comply with its previous orders and ‘big fraud’ was passed by transferring the money of home buyers from one company to another.

The bench ordered the company to seize 100-bed multi-specialty hospital in Greater Noida. In this, money used by Ultra Home Construction Pvt Ltd Apart from this, the order for seizure of bank accounts and their properties of Gaurisuta Infrastructure Pvt Ltd and its director Sunil Kumar also seized.

Those towers will also be seized in which the company’s offices are located. Also a Goa Aqua Fortis Villa will be seized. No one has claimed the ownership of this villa. The Amrapali Group has also been banned from selling 86 luxury cars and SUVs purchased from the company’s fund to a third party.

Stop separation from companies

The Supreme Court has ordered the chief financial officer of the company Chander Wadhwa to deposit 11.69 crore rupees in the court registry within three weeks. Along with this, auditor Anil Mittal has ordered to pay 47 lakh rupees. The court also banned Amrapali from separating from those companies with whom he had done the transaction. In addition, it has also ordered the attachment of these companies.


Please enter your comment!
Please enter your name here