38.6c New Delhi, India, Monday, May 27, 2024
Judiciary

Supreme Court Seals Nine Amrapali Group Properties [Read Order]

By LawStreet News Network      11 October, 2018 12:00 AM      0 Comments
Supreme Court Seals Nine Amrapali Group Properties [Read Order]

The Supreme Court on October 10, 2018, in the case of Bikram Chatterji & Ors. v. Union of India & Ors., ordered sealing of nine properties of real estate major Amrapali in Noida and Greater Noida after its three directors, who are in police custody, said documents of the group’s 46 companies were stored there.

A Bench of Justices U.U. Lalit and D.Y. Chandrachud said that the presence of the three directors will not be insisted upon by the police if the entire exercise of sealing the premises was completed on October 10, 2018.

“However, if the exercise is not complete, the present status will continue except that these applicants, instead of being put up in the lock-up, shall be kept in the police station itself,” the Bench ordered.

Earlier, on October 9, 2018, the Bench had ordered the police to take into custody three directors of the group – Anil Kumar Sharma, Shiv Priya and Ajay Kumar – after they failed to hand over company documents to forensic auditors.

Following the order, the three directors have been lodged in the lock-up at a police station near the Supreme Court.

The counsel for the directors on October 9, 2018, submitted that they are willing to handover all the documents that are presently lying at nine places and the directors are willing to take the police to their location.

The Bench, then, directed the Superintendents of Police of Noida/Greater Noida to take the trio to all the locations and in their presence, seal all the premises.

“The sealed premises can be visited only by the forensic auditors or by other persons under their express authorization. No other person shall be allowed entry into the said premises,” the top court said.



Share this article:

User Avatar
About:


Leave a feedback about this
TRENDING NEWS

courts-this-week-law-street-journals-weekly-round-up-of-sc-and-hcs-may-20-may-25
Trending Judiciary
Courts this Week: Law Street Journal's Weekly Round-Up of SC & HCs [May 20 - May 25]

Get the latest updates from the Supreme Court of India and the High Courts ! Here’s a round up of the week's top legal stories in a quick, easy-to-read summary.

26 May, 2024 11:25 AM
arvind-kejriwal-moves-supreme-court-to-extend-interim-bail-by-week-for-medical-tests
Trending Executive
Arvind Kejriwal moves Supreme Court to extend interim bail by 1 week for medical tests

Arvind Kejriwal seeks Supreme Court extension of interim bail by one week for medical tests in Delhi excise policy case amid ongoing ED investigation.

27 May, 2024 11:24 AM

TOP STORIES

agarwal-family-plans-to-sell-haldiram-for-rs-71000-crores-as-next-generation-steps-back
Trending Business
Agarwal Family Plans to Sell Haldiram for Rs. 71,000 Crores as Next Generation Steps Back

The Agarwal family plans to sell Haldiram, valued at Rs. 71,000 crores, with a Blackstone-led consortium bidding. This marks India's largest private equity buyout.

21 May, 2024 03:32 PM
13-year-old-boy-booked-for-impregnating-15-year-old-sister-after-watching-porn-together
Trending Crime, Police And Law
13 Year old boy booked for impregnating 15 year old sister, after watching porn together

Minor siblings watch porn together brother rapes and impregnates sister. Police official probing the matter shared that the siblings tried to have sex for the first time in Dec 2023, but failed.

21 May, 2024 03:54 PM
replacing-colonial-era-codes-new-criminal-laws-to-come-into-effect-on-july-1
Trending Judiciary
“Replacing colonial-era codes,” new criminal laws to come into effect on July 1

“Replacing colonial-era codes,” the new criminal laws to come into effect on July 1. However, Section 106(2) of the Bharatiya Nyaya Sanhita (BNS) has been put on hold. Read the full article to know why.

21 May, 2024 04:57 PM
offences-under-section-354d-ipc-and-section-506-ipc-are-personal-to-parties-rules-supreme-court
Trending Judiciary
Offences Under Section 354D Ipc And Section 506 Ipc Are Personal To Parties: Rules Supreme Court

The Supreme Court quashed stalking and criminal intimidation charges to preserve marital ties, invoking Article 142, deeming the offences personal to the parties involved.

21 May, 2024 05:40 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email