SC Directs Delhi Police To Arrest Amrapali Group CMD Anil Sharma

News World India | 0
| February 28 , 2019 , 17:15 IST

The Supreme Court on Thursday ordered Delhi Police to arrest Amrapali group CMD Anil Sharma, and 2 directors forthwith in a criminal complaint filed against them.

Supreme Court also directed the attachment of Sharma's personal properties, including his bungalow in South Delhi. It also made it clear that the properties of the other two directors of Amrapali will also be attached.

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

The court is seized of a batch of petitions filed by home buyers who are seeking possession of around 42,000 flats booked in projects of the Amrapali Group.

On February 11, the top court had taken strong exception to two prime properties of Amrapali, including a five-star hotel, finding no bidders in an auction and said that prima facie it looks like "cartelisation is at work."

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On February 14, the SC had questioned Anil Kumar Sharma for Rs 94 crore of homebuyers' money being shown in his bank account and also warned that it would send him to jail for his "reluctance" in disclosing the identity of a person, who had bought company's shares worth Rs 140 crore from the multi-national firm JP Morgan.

The top court gave Sharma one last opportunity to return Rs 6.55 crore of homebuyers' money, which he had transferred to his daughter, by February 28 and sought an explanation of Rs 94 crore shown in his bank account.