Explorer

Noida: Top builders in soup after investors lodge 13 FIRs

Noida (Uttar Pradesh) [India], Sept 2 (ANI): Noose around the erring builders has been tightened as 13 FIRs were lodged by investors against the likes of real estate majors such as Supertech, Amrapali Group and so on.

Eight FIRs were lodged against Amrapali Group, and one each against Supertech, Today Home Builder, Alpine group, GNC and 1 Bruy Ltd.

This is not the first time the builders of the NCR region are in the news for the wrong reasons.

Earlier, IDBI Bank filed an insolvency plea in the National Company Law Tribunal (NCLT) after Jaypee Infratech defaulted on a loan of around Rs. 8,500 crore.

Although the company had claimed that it held adequate assets to repay the loan, IDBI went ahead and filed the plea.

The Allahabad bench of the NCLT admitted IDBI Bank's insolvency plea against Jaypee Infratech.

Following this, Jaypee home buyers approached the Supreme Court claiming no rights under the Indian Penal Code (IPC). (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

Kejriwal To Stay Delhi CM From Jail As High Court Finds 'No Legal Bar,' Ball In LG's Court Now
Kejriwal To Stay Delhi CM From Jail As High Court Finds 'No Legal Bar,' Ball In LG's Court Now
PM Modi Calls Congress A 'Bully' After Lawyers Write To CJI. Here's What He Said
PM Modi Calls Congress A 'Bully' After Lawyers Write To CJI. Here's What He Said
Roof Collapses During Renovation Work At Chennai Bar, 3 Dead
Roof Collapses During Renovation Work At Chennai Bar, 3 Dead
Arvind Kejriwal To Stay In ED Custody For 3 More Days — A Timeline Of Delhi CM's Battle In Courts
Arvind Kejriwal To Stay In ED Custody For 3 More Days — A Timeline Of Delhi CM's Battle In Courts
Advertisement
for smartphones
and tablets

Videos

Elvish Yadav's reaction on Munawar Faruqui's arrest, Watch Video | HOT NewsNawazuddin Siddiqui And Aliya Fixes Relationship Disbalance For Kids Upbringing | Khabar Filmy HaiRamayana: Sakshi Tanwar dismisses speculations of being a part of the movie, Watch videoWill there be a date clash between Bigg Boss 18 and Lock Up Season 2? | HOT News
Embed widget