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Amrapali Says Seven Group Properties Sealed

11 October, 2018 5:33 AM
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Amrapali Says Seven Group Properties Sealed

The Amrapali group Thursday informed the Supreme Court that its nine properties in Noida, Greater Noida, Rajgir and Buxar in Bihar have been sealed in compliance with the court's order, reported news agency Press Trust of India.

A bench of Justices U U Lalit and D Y Chandrachud asked the Amrapali group to file an undertaking with regard to sealing of its properties by 2 PM today. The bench also sought presence of two forensic auditors Ravi Bhatia and Pawan Kumar Aggarwal at 2 PM to ascertain their satisfaction with regard to the documents to be audited, further said the PTI report.

The Supreme Court on Wednesday ordered sealing of nine properties where the documents related to 46 group companies were kept. Promoters Anil Kumar Sharma, Shiv Priya and Ajay Kumar later moved the court seeking to be kept in custody in a guest house but the court said that the directors be kept at a police station and not in a lockup.

On Tuesday, the Supreme Court had ordered a three-day police custody for the three directors until they hand over the documents to forensic auditors.

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Source: ndtv.com

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