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Amrapali Group
The CBI has booked former chairman and managing director of Amrapali Group Anil Sharma in connection with the eight-year-old murder case of Sharad Chand, a former secretary of Bihar-based educational institution Balika Vidyapeeth, officials said. Sharma was arrested Wednesday on the Patna High Court's orders issued last month. In accordance with its procedures, the Central Bureau of Investigation (CBI) has taken over the probe into the FIR registered by the Lakhisarai police station in Bihar. Sharma, who is facing a number of bank-fraud cases, has been booked on murder charges, along with Lakhisarai-based Praveen Sinha, Shyam Sundar Prasad, Rajendra Singhania, Shambhu Sharan Singh and Anita Singh, the then principal of Balika Vidyapeeth. It has been alleged that Chand, the then secretary of Balika Vidyapeeth in Lakhisarai, who lived in the educational institution, was shot dead while he was reading a newspaper sitting in the verandah of his residence at about 6.30 am on August 2, 2
The CBI booked former chairman and managing director of Amrapali Group Anil Sharma on Wednesday in connection with the eight-year-old murder case of Sharad Chand, a former secretary of Bihar-based educational institution Balika Vidyapeeth, officials said. The CBI action came on the Patna High Court's orders issued last month. In accordance with its procedures, the Central Bureau of Investigation (CBI) has taken over the probe into the FIR registered by the Lakhisarai police station in Bihar. Sharma, who is facing a number of bank-fraud cases, has been booked on murder charges, along with Lakhisarai-based Praveen Sinha, Shyam Sundar Prasad, Rajendra Singhania, Shambhu Sharan Singh and then principal of Balika Vidyapeeth Anita Singh. It has been alleged that Chand, the then secretary of Balika Vidyapeeth in Lakhisarai who resided at the educational institution, was shot dead while he was reading a newspaper sitting in the verandah of his residence at about 6:30 am on August 2, 2014 b
Attorney General R Venkataramani, the court receiver for the Amrapali group projects, told the Supreme Court on Friday he is facing resistance from Noida and Greater Noida authorities in generating funds for the stalled projects and, if the situation remains so, the management of the company should be handed over to the Uttar Pradesh government. Home buyers, through their counsel, submitted the National Building Construction Corporation (NBCC) has completed construction of around 3,000 flats left incomplete by the Amrapali group but no electricity and water connections have been provided by the Noida and Greater Noida authorities. "I, as a court receiver and the Attorney General, am taking all efforts to generate more funds for completion of the stalled projects but Noida and Greater Noida have taken a stand that unused FAR (floor area ratio) should not be sold," Venkataramani told a bench of Justices Ajay Rastogi and Bela M Trivedi. Floor Area Ratio is the ratio of a building's tot
State-owned construction firm NBCC (India) Ltd on Monday said it has got work orders worth Rs 271.62 crore in projects of erstwhile realty firm Amrapali Group. In a regulatory filing, the company informed that it has got an order of Rs 42.44 crore for construction of balance works /left out works of Amrapali corporate Hub at IMT Manesar, Gurugram in Haryana. NBCC got an another order of Rs 229.18 crore for "special repair and up-gradation works of civil, electrical, mechanical and plumbing along with all allied works required due to lack of comprehensive maintenance of Amrapali Projects at Noida & Greater Noida". The order value mentioned is including of PMC (project management consultancy) charge and excluding of GST. NBCC has undertaken the completion of many residential projects in Noida and Greater Noida under the aegis of Amrapali Stalled Projects and Investment Reconstruction Establishment (ASPIRE) and supervision of the Supreme Court. NBCC shares closed marginally down by .
The Supreme Court on Saturday extended the interim bail granted to former CMD of Amrapali Group of Companies Anil Kumar Sharma and the real estate firm's ex-director Shiva Priya on medical grounds. A bench of Chief Justice UU Lalit and Justice Bela M Trivedi, which conducted a special hearing on a non-working day for the apex court, allowed Sharma to continue on interim bail as he is scheduled to undergo surgery for cataract and glaucoma, after it was submitted that he had lost around 90-95 per cent of his vision. The bench allowed him to visit a hospital in Chennai for the surgery and said he will have to file a report about his medical condition five days after the procedure. At the outset, advocate Manoj Singh, appearing for Sharma, said his medical reports indicate he has to undergo surgery for both his eyes. "Doctors have said that he will first have to undergo surgery for left eye and then there will be a rest of four weeks after which surgery in right eye will be conducted.