SC cancels registration of Amrapali Group, NBCC to take over projects

NewsNation 2020-04-17

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The Supreme Court on Tuesday pronounced verdict in the real estate major Amrapali Group case. Bench headed by Justice Arun Mishra, directed cancellation of registration of all Amrapali group of companies. The development is seen as a respite to over 42,000 hassled home buyers. Supreme Court also directed the National Buildings Construction Corporation (NBCC) to complete the unfinished housing projects in Noida and Greater Noida and handover these to home-buyers.

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