# In the matter of Bikram Chatterji & Ors. Vs. Union of India & Ors. Writ Petition (C) No. 940-2017 Connected Matters

> SC judgment dated 2018-09-04. Citation: TCN-2018-SC-00024. The case involves a writ petition (Civil) No. 940/2017 filed in the Supreme Court of India. It is…

- **Court:** SC
- **Order date:** 4 Sept 2018
- **Citation:** TCN-2018-SC-00024
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/bikram-chatterji-ors-vs-union-of-india-ors-writ-petition-76833b3e

## Summary

### Background

The case involves a writ petition (Civil) No. 940/2017 filed in the Supreme Court of India. It is related to the Amrapali Group of Companies and their failure to complete housing projects, leaving numerous homebuyers in distress. The case involves multiple writ petitions and applications seeking various directions and clarifications. The NBCC (National Buildings Construction Corporation) submitted a proposal for the completion of the pending projects. The court is overseeing the process of forensic audit and asset identification to ensure the completion of the projects and protect the interests of the homebuyers.

## Facts

The case originates from a writ petition filed in 2017 concerning the Amrapali Group of Companies, which failed to deliver promised housing projects to numerous homebuyers. Several writ petitions and applications were filed, seeking directions and clarifications regarding the completion of these projects. The National Buildings Construction Corporation (NBCC) submitted a proposal to take over and complete the pending projects. The court is examining the assets of the Amrapali Group, including both encumbered and unencumbered properties, to determine their value and potential for sale. A forensic audit is being considered to investigate financial irregularities and diversion of funds within the Amrapali Group. The Bank of Baroda has also been involved, with certain

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## Issues and analysis

### Issue 1: Whether the NBCC's proposal for completing the Amrapali projects is viable and in the best interest …

**Ratio:** The court must consider the feasibility of the proposal, the financial implications, and

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**Reasoning:** The court is evaluating the NBCC's proposal based on its technical expertise and

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**Interpretation:** The court interprets the proposal in light of the overall objective of

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**Application:** The court applies the ratio to the specific facts of the case, considering the

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## Parties

- **Judges:** Arun Mi…; UDAY UMESH…
- **Appellants:** BIKRAM CHA…
- **Respondents:** Amrapali Group of…; Union of…

## Timeline

- **2017-01-01 — Writ Petitio…**: Writ Petition(s)(Civil) No(s).…
- **2018-05-10 — Court Or…**: Court's order regarding…

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