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SC orders attachment of Amrapali’s properties

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New Delhi
Continuing its crackdown on the embattled Amrapali Group, the Supreme Court today ordered attachment and sale of the realty firm’s five-star hotel, cinema hall, malls and factories across the country, calling it “a worst kind of cheater” and “a perfect liar” for not complying with the court’s direction.

The court also ordered attachment of four corporate offices of the group in Noida and Greater Noida, and asked the Debt Recovery Tribunal, Delhi to auction them.
It also gave a window to the firm’s directors and their family members to return home-buyers’ money, if they have it, by December 10. It asked the firm to explain by next week the diversion of around Rs 3,000 crore of home-buyers money for other purposes.

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