Posted On by &filed under Top Law News.


NEW DELHI: The Supreme Court sent in police custody three Directors of the Amrapali Group,  directing them to hand over all the documents of the 46 group companies to forensic auditors.

A bench comprising Justices Arun Mishra and U U Lalit said the directors — Anil Kumar Sharma, Shiv Priya and Ajay Kumar — who were present in the court, would remain in police custody till they hand over all the documents of the group’s 46 firms.

The top court directed the Delhi and Uttar Pradesh police to seize all necessary documents and at the same time asked the real estate group to furnish the documents to auditors within 24 hours. On September 12, the apex court had appointed NBCC to develop stalled projects of the realty firm and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the group.

The court also said that none of the statutory auditors and Directors shall leave the country.


Leave a Reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *