Supreme Court canceled Amrapali RERA, Lease Deed

The Supreme Court on Tuesday asked the government to come out strongly against deviating builders, cancel their lease contract in case of any illegality, and ensure that the projects get delivered on time and making an example

Real Estate Leader Amrapali has thousands of millions of Millions of people get money from homeboys for people

The court fell into a company like a hammer to buy money from buyers to buy the extraordinary lifestyle of its promoters, such as buying luxury cars.

The officials and banks, the court said, can get their money from the property created by the promoters of money and other guarantees, but not from the homeboys or projects they have paid for.

He said that homeboys are not a direct part of the bank loan. While confirming the liability for the amounts due to the officials and bankers, the court can not eliminate another fraud against innocent home buyers.

The court requested the government and regulatory authorities. The court also violated the officials and the Supreme Court Bank of Maharashtra and the Bank of Andhra and for negligence in supervision and supervision and also for active collusion of money.

The court, which had attached all the real estate and accounts of the first 40 Amrapali institutions and their directors, appointed a receiver to sell these properties and recover any fees.

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