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Home Court News Updates Supreme Court SC Nod Makes Arrest of Amrapali Group Chairman, Two Directors Imminent

SC Nod Makes Arrest of Amrapali Group Chairman, Two Directors Imminent

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SC Nod Makes Arrest of Amrapali Group Chairman, Two Directors Imminent
Photo by Anil Shakya

The Chairman of the Amrapali group Anil Sharma and two directors face imminent arrest after the Supreme Court on Thursday allowed Delhi Police to arrest them in connection with a criminal complaint filed against them. The court has also ordered attachment of the personal properties of Sharma and directors Shiv Priya and Ajay Kumar.

A bench of Justices Arun Mishra and U U Lalit said: “We had never stopped any agency from arresting the directors, who are presently housed at a hotel under the detention of UP police.”  The court was hearing as clutch of petitions filed by home buyers who have paid money but are yet to get possession of around 42,000 flats booked in various projects of the Amrapali Group.

The three directors including the CMD were in the custody of UP police till now as per the direction of the apex court in the case filed by home buyers.

Now Delhi Police has been allowed to arrest and interrogate them in a separate case of cheating lodged with its EoW wing.

According to news agency PTI, the bench of Justices Arun Mishra and U U Lalit said : “We had never stopped any agency from arresting the directors, who are presently housed at a hotel under the detention of UP police.”

So far, the three company including the CMD were in the custody of UP police on the directions of the apex court in the case filed by home buyers.

Earlier in February 14, the Supreme Court had sought an affidavit from Amrapali Group asking to explain the amount invested and in which projects and who are the directors in which company till the very beginning of its existence.

The court had also then ordered the group to deposit Rs 200 crores which was taken by it on account of loans and advances by March 31.

—India Legal Bureau