The ED team also seized several incriminating documents and digital evidences during the search.
The immovable properties attached include over 30 apartments and 25 shops.
The court had allowed the NBCC to issue advertisement for the unsold flats of two Amrapali Projects.
The notices were served to 450 farm house owners as per the October 23, 2018 direction of National Green Tribunal (NGT).
The petitioner told the court that these tenants have lost their livelihood and savings due to lockdown.
The industry appreciates the positive approach of the West Bengal government, particularly WBHIRA for such pro- active steps.
The top court said that constructions have not been completed due to various reasons including due to diversion of funds.
On March 27, RBI had issued slew of measures to check financial impact of the nationwide lockdown.
Court fee would be deposited online through Bharat Kosh
A senior official of ED had said that it will soon initiate proceedings under PMLA against both J.P. Morgan and Amrapali Group.
The project will not require an extension if the CC/OC of the project has already been obtained
The RBI cut interest rates by a sharper-than-expected 75 basis points in late March.
Puri pointed out the construction activities had come to a standstill because of the lockdown.
Interest shall continue to accrue on the outstanding portion of the term loans during the moratorium period
TCS on sale of tendu leaves, scrap, timber, forest produce, and minerals such as coal, lignite or iron ore has also been reduced.
The Developers and Housing Projects registered with UP-RERA will be ranked with grades from 1 to 5 under different parameters
Earlier, the JDA was accepting applications till April 30. The scheme’s lottery will be drawn on June 9.
It is said that the Executive Engineer (Building Proposals) wrote to DB Realty on 31st March, directing that under provisions of Epidemic Diseases Act, 1897, they will be taking over the 22-storey rehab building for temporary accommodation.
The project was planned to build a new parliament house and other central government offices in Lutyens’ Zone, central Delhi.
According to the Act, every person to whom any apartment is allotted, sold or transferred by the promoter, will be entitled to exclusive ownership and possession of the property.
