The case involves a writ petition concerning the problems faced by approximately three lakh home buyers in NOIDA, Greater NOIDA, and Yamuna Expressway due to incomplete housing projects, particularly those of the Amrapali Group. The Supreme Court is addressing issues related to the completion of these projects, the conduct of the Amrapali Group, and the diversion of funds meant for the projects. A committee was formed by the Government of Uttar Pradesh to address these issues. The court is monitoring the progress and considering proposals from NBCC to take over and complete the projects.
The case revolves around the incomplete housing projects in NOIDA, Greater NOIDA, and Yamuna Expressway, affecting approximately three lakh home buyers. The Amrapali Group is at the center of the controversy, accused of diverting funds meant for the projects. A committee was formed by the Government of Uttar Pradesh to address the issues. The Supreme Court is monitoring the progress and considering proposals from NBCC to take over and complete the projects. The court has noted that the Amrapali Group has not been abiding by its orders and has been shifting its stand. The NBCC has expressed willingness to undertake the projects. Auditors have been requested to investigate the diversion of funds. The court has also ordered the de-freezing of the bank account of Amrapali
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Court passed an order appointing promoters etc.…
First meeting of the then Chief Executive…
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The case involves a writ petition concerning the problems faced by approximately three lakh home buyers in NOIDA, Greater NOIDA, and Yamuna Expressway due to incomplete housing projects, particularly those of the Amrapali Group. The Supreme Court is addressing issues related to the completion of these projects, the conduct of the Amrapali Group, and the diversion of funds meant for the projects. A committee was formed by the Government of Uttar Pradesh to address these issues. The court is monitoring the progress and considering proposals from NBCC to take over and complete the projects.
The case revolves around the incomplete housing projects in NOIDA, Greater NOIDA, and Yamuna Expressway, affecting approximately three lakh home buyers. The Amrapali Group is at the center of the controversy, accused of diverting funds meant for the projects. A committee was formed by the Government of Uttar Pradesh to address the issues. The Supreme Court is monitoring the progress and considering proposals from NBCC to take over and complete the projects. The court has noted that the Amrapali Group has not been abiding by its orders and has been shifting its stand. The NBCC has expressed willingness to undertake the projects. Auditors have been requested to investigate the diversion of funds. The court has also ordered the de-freezing of the bank account of Amrapali
…Court passed an order appointing promoters etc.…
First meeting of the then Chief Executive…
Sign in to view related legal provisions.