 "Amrapali")
The Supreme Court on Tuesday cancelled RERA registration of the Amrapali Group and asked the National Buildings Construction Corporation (NBCC) to complete all the pending projects of the group. The court came down heavily on Noida, Greater Noida authorities and banks and said they had colluded with the group to the detriment of homebuyers.
The SC was delivering its verdict on the stalled projects of the embattled Amrapali Group. It gave respite to over 42,000 home buyers. The court also directed the Enforcement Directorate (ED) to investigate money laundering by officials and directors of the Amrapali Group.
Justice Arun Mishra-led
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